TechFlow news: On February 11, according to Decrypt, Denmark’s largest bank, Danske Bank, has now launched Bitcoin and Ethereum exchange-traded product (ETP) investment services for its online and mobile banking customers—ending an eight-year “ban” on cryptocurrency-related services.
Kerstin Lysholm, Head of Investment Products and Services at the bank, stated that this move responds to growing customer demand and reflects improved regulatory conditions in the cryptocurrency market in recent years—particularly due to the implementation of the EU’s Markets in Crypto-Assets Regulation (MiCA). Despite offering these products, Danske Bank continues to emphasize that it does not recommend cryptocurrencies as an asset class and classifies them as “speculative investments” rather than long-term investment options.
According to Triple-A data, as of 2024, approximately 70,605 people in Denmark held cryptocurrency—about 1.2% of the country’s total population. Chainalysis’ 2025 Cryptocurrency Geography Report ranks Denmark 84th out of 151 countries in terms of cryptocurrency adoption rate.
