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cryptoassets
Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings
The Danish Financial Supervisory Authority's explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations.
Allianz Global Investors Chief Calls for Cryptocurrency Ban
The CEO and global CIO of Allianz's investment arm has said cryptocurrencies should be banned by regulators.
Crypto Asset Lending Startup BlockFi Raises $1.55 Million
BlockFi, a startup that offers U.S. dollar loans to crypto-asset owners, has raised $1.55 million in capital from investors.
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