Contrary to recent social media reports suggesting that Denmark is “about to ban” Bitcoin wallets, Danish regulators have not proposed a ban on self-custodial cryptocurrency wallets. The Danish Financial Supervisory Authority (DFSA) has denied false reports that the regulator plans to ban self-custodial wallets, also known as non-custodial wallets. The DFSA’s regulatory clarification follows a regulatory assessment of decentralization in the context of the Markets in Crypto Assets (MiCA) regulation, which came into full effect on June 30.