21 Jul '12, 7am

Bitcoin Nordic Brings Bitcoins to Middle East and North Africa #bitcoin #cashu

The Middle East and North Africa remain one of the more difficult parts of the world in which to acquire bitcoins. Although largely justified by the region’s low GDP, the concentration of Bitcoin clients in the region is low , and options for exchanging the local forms of digital money for bitcoins were hard to find – until now. Bitcoin Nordic recently introduced CashU as a payment option. Bitcoin Nordic is a Bitcoin exchange based in Denmark launched on April 2 with its main feature being instant delivery of bitcoins for payments by credit card. This activity was soon suspended by Visa and MasterCard, but the company remained, and continues to offer bitcoins for bank transfers (and vice versa) and anonymous cash in the mail, expanding their range of payment offers with this new addition. CashU is a popular online and mobile payment method in North Africa and the Middle Ea...

Full article: http://bitcoinmagazine.net/bitcoin-nordic-brings-bitcoins...

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