The adoption of cryptocurrencies continues to grow, as evidenced by the recent announcement by the Danish Saxo Bank. It will become the first bank in Denmark to allow its clients to trade cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH). This is great news in the world, but it is much more news for Denmark itself, which will soon be able to boast of this very milestone in the context of cryptocurrencies.
Saxo Bank was founded in 1992 and is headquartered in Copenhagen and currently boasts more than 660,000 clients. As you can see, this is not a small bank. The start of trading in cryptocurrencies will be launched from June 22 and today, respectively, while clients will be able to trade in cryptocurrencies in pairs such as the euro, the dollar, or the Japanese yen. Johannes Rovsing (Saxo Bank’s head of Nordic activities) also added that institutions are now much more interested in cryptocurrencies than, for example, a year ago.