The Android version of major web browser Opera now integrates a function that lets its users purchase Ethereum (ETH) through the browser, a press release shared with Cointelegraph on Feb. 6 reveals. According to the press release, the new service is available to users based out of Sweden, Norway and Denmark due to Opera’s new partnership with brokerage firm Safello. Safello, according to Opera, is registered with the Financial Supervisory Authority (FSA) in Sweden. Julia Szyndzielorz, senior PR manager at Opera, told Cointelegraph in an email that Opera’s addition of ETH purchasing through its browser allows users to immediately buy …

Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30. Energinet, which is an independent enterprise under Denmark’s Climate and Energy Ministry, wants to examine how it could leverage Iota’s Tangle technology in the energy and Internet of Things (IoT) markets. The two entities have worked together on a data marketplace initiative since late 2017, a larger project involving other companies. Energinet market developer André Bryde Alnor commented on the latest move: “As part of our journey to a digitized, …

Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information regarding all trades of cryptocurrencies across three domestic crypto exchanges. An official announcement published on the agency’s website reported this development on Jan. 14. The authorization means that three unspecified Danish crypto exchanges now have legal disclosure obligations to hand over identity information that includes names, addresses and personal tax numbers, as well as details of all crypto transactions made on their platforms between Jan. 1 2016 to Dec. 31 2018. The Tax Authority has said it will use the information to ensure that citizens who …

Denmark’s tax agency (Skattestyrelsen) has confirmed it is “identifying” 2,700 individuals it says owe taxes on Bitcoin (BTC) gains, according to a Dec. 12 press release. According to Skattestyrelsen, the Danish citizens bought and sold Bitcoin via an unnamed Finnish cryptocurrency exchange between 2015 and 2017, but did not declare any profits or losses on tax documents. Now, the agency will go after each individual with an eye to determining their payment obligations. “Right now we are identifying the individual citizens and keeping the new information up to those we already have,” tax director Karin Bergen commented, continuing: “If something …

Japan-based financial services firm SBI Group and Danish cryptography services company Sepior ApS have partnered to jointly develop a proprietary wallet, according to an announcement published Oct. 13. The wallet is set to ensure secure transactions on SBI’s cryptocurrencies exchange platform, VCTRADE. The SBI Group was established in 1999 in Japan as an Internet-based financial services provider. Since then, the company has formed a financial conglomerate with a focus on new technologies, including fintech, Internet of Things (IoT), artificial intelligence (AI), and others. In 2018, SBI reportedly invested over $533 million in the blockchain and AI sectors. Per the press …

Denmark has signed a declaration to join a total of 24 European Union member states that support pan-EU blockchain standards and solutions, local news outlet Finans Watch reported June 4. The EU blockchain partnership was formed on April 10 as part of the European Commission’s Digital Day with the intention of enhancing cooperation among member states for developing blockchain tech. Brian Mikkelsen, the Danish Minister for Industry, Business and Financial Affairs, said after signing the declaration Monday that Denmark will be “the first country in the world [to] use blockchain technology to register ships in the Danish ship registers.” He …

No sane person can deny the many benefits of cryptocurrency compared to fiat, and certainly the government can’t deny them, either. The age of e-money seems to be taking off. Although the government of Ecuador banned Bitcoin in July 2014, for example, it rolled out its own e-currency, an “electronic money system” (SDE in Spanish), in December. Among the reasons cited for doing so, one is how much cheaper it is to renew the country’s deteriorating notes, on which Ecuador spends more than US$3 million yearly. On another note (pun intended), German economist Peter Bofinger, has argued in favor of …

MIT cites major flaws in the NY BitLicense, Euro Banking Association issues a report on 'Cryptotechnologies,' Denmark will discontinue the printing of new fiat money in 2016, former MasterCard general manager joins BitPay, and more top stories on May 13. MIT Cites 'Critical Flaws' in BitLicense Proposal MIT Digital Currency Initiative director, Brian Forde, has published a blog post where he cites the four "critical flaws" in New York's BitLicense. According to Forde: "If changes to the proposed BitLicense are not made, only a handful of the most well-funded companies will survive — not because they are providing the best …

Danish cryptocurrency exchange CCEDK, whose launch we covered last month, announced in a statement Friday that it would begin offering direct deposits from more than 1000 banks in 10 eurozone countries via SOFORT Banking. "This instant payment system from SOFORT allows users on the CCEDK platform to deposit money as if they had deposited with a credit card, as deposits are confirmed 15-30 minutes after confirmation of transfer," said CCEDK CEO Ronny Boesing. "It allows you to act on the change in price of the various cryptocurrencies instantly, thus increasing the chances of making some good deals." For users outside …