Denmark is planning to introduce stricter regulations for Bitcoin wallets that allow users to manage their own cryptocurrency funds. The Danish Financial Supervisory Authority (DFSA) has proposed new guidelines that would impact decentralized finance (DeFi) interfaces and self-custody Bitcoin wallets. This move has sparked concerns that it may become harder for individuals to access Bitcoin services in Denmark.

The DFSA's proposal is seen as a response to the European Union's upcoming Markets in Crypto-Assets (MiCA) regulation. While MiCA does not address DeFi, the DFSA has taken a broader approach to regulation. However, this has raised fears that Bitcoin wallets and related services may face significant restrictions in Denmark. Mikko Ohtamaa, from Trading Protocol, believes that the proposed regulations are excessive and may cover a wide range of activities, including personal computers and web browsers.

Denmark's approach differs from that of other countries. For example, Estonia considered similar regulations but ultimately decided not to implement them. In the United States, the SEC has taken a more cautious approach, choosing to study DeFi rather than regulate it immediately. The FIT21 Act in the US also highlights the legality of self-custody wallets.

The proposed regulations in Denmark are still in the feedback stage, and it remains to be seen how they will be finalized and implemented. If accepted in their current form, they may significantly impact the provision of self-custody-based Bitcoin wallet services in Denmark. This could lead to restrictions on cryptocurrency services and may even force some investors to reconsider their investments.

In conclusion, Denmark's proposed regulations for Bitcoin wallets and DeFi interfaces have sparked concerns about the future of cryptocurrency services in the country. While the regulations aim to provide a safer environment for investors, they may also limit access to Bitcoin services. The outcome depends on the final version of the regulations and how they are implemented.