Denmark

Initiative to Curtail Negative Interest Rates Gains Traction in Germany

Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions…

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark…

Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing…

Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown

Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the…

Danish Man Faces Over 4 Years in Prison for Laundering $450K With Bitcoin

A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000…

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