Denmark has a fascinating history to brighten its living hood but this is only necessary if you are the type of person who just seems to hate "Cheese Danish" or any other delicious pastry of that region. Besides being one of the oldest states in Europe continent, it is also the oldest reigning kingdom. Queen Margrethe II lineage points back all the way back to the Vikings age of 800 A.D. We could talk about this forever but how about some modern topics instead? Bitcoin and digital currencies seem to be the right choice. Let's take a closer look at Danish bitcoin regulations, exchanges, and online gambling legislation.
Bitcoin Regulations in Denmark
Bitcoin is not regulated in Denmark but it has received positive remarks from the government officials. BTC transactions in Denmark are exempt from TAX and non-deductible in your tax returns. Sometimes no regulation is the best approach, the Danish government has recognized that bitcoin is more of a private-game and regulating it is an unnecessary headache.
Danish Bitcoin Exchanges
If you do not mind going through personal verification then one of the easiest ways for buying Bitcoin (BTC) and also Ethereum (ETH) in Denmark is through the worlds most popular digital currency exchange Coinbase. A convenient way to purchase BTC in Denmark is through Peer-to-Peer bitcoin exchange platforms such as Paxful or Localbitcoins. It is very important to only trade with 100% reputable sellers. Denmark is one of the few European countries that have operational BTC ATMs and you can find a list of active ones by visiting CoinATMRadar and typing in your location.
Online Gambling in Denmark
Online gambling is a regulated market in Denmark and government has handed out licenses to some of the popular offshore operators like Bet365 and PokerStars. There is a restriction on how gaming operations are allowed to advertise themselves. Majority of online gambling sites do not block access to the Danish citizens. Anonymous crypto gambling sites are a convenient way for playing in Denmark. Check out some of the best bitcoin casino reviews that we have gathered and find the perfect house for you!