SAFELLO EXPANDS SERVICES TO DENMARK AND NORWAY

Swedish Bitcoin exchange Safello has expanded to neighboring countries Norway and Denmark in order to make the process of buying and selling Bitcoin more easy by using local bank transfers. Norwegian Bitcoin enthusiasts have been plagued by a lack of decent options after Norway’s largest Bitcoin exchange lost their bank accounts and was forced to shut down their operations. Safello is now targeting the power vacuum left behind in Norway, as they want to bring the Norwegian people and Bitcoin together once again.
HARD TO BREAK THE ICE IN THE UK
Penetrating local market is not easy these days, and especially not for Bitcoin-related companies. However, Safello, while being regulated by the Swedish Financial Authority, managed to secure a local bank account in the United Kingdom, which was unfortunately shut down a month later. But rest assured, as Safello will not give up on their plans to enter the UK market in 2015.

This post was published at Crypto Articles on January 27, 2015.