Safello Says Handelsbanken to Terminate Business Relationship

Safello says Handelsbanken has chosen to terminate the business relationship with the crypto exchange due to insufficient knowledge about Safello as a customer.

• Will work with Handelsbanken on the migration of operational volumes in order to ensure a strong client protection
• Safello has bank accounts in Jyske Bank, Swiss FlowBank, a client funds account in Swiss Incor Bank via BCB Group, and is currently ongoing several onboarding processes with banks in Europe and Sweden

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Stephen Treloar in Oslo at streloar1@bloomberg.net

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