Crypto com has been requested to stop all activity on card programs in the UK and Europe - Update

Crypto com has been requested to stop all activity on card programs in the UK and Europe - Update

By VNFC | crypto sessions | 26 Jun 2020


hello guys

today, the FCA lifted the ban on Wirecard UK at 00:01 UTC on 30 Jun. Kindly note that card balances were refunded to users’ crypto wallets last week, please top up your card before using it.

 https://twitter.com/cryptocom/status/1277814231916703744?s=21

below is the original article:

as expected, the Wirecard scandal affected de Crypto.com businesses and also the Curve card issuer.

3756a98ec0901cfae62480c6537f31d9751439fbeb31edca885f4adb064fc99e.jpeg

Because of insolvency actions filled against Wirecard, Crypto.com has been requested to stop all activities regarding cards in UK and Europe. That means the cards are not working and also, all new cards are blocked from delivering and is needed to be found another issuer for them.

So, all the operations regarding cards could be postponed for some good months.

 

here is the whole article from crypto.com site:

https://blog.crypto.com/our-statement-regarding-wirecard-uk/

 

The good news is that a big amount of MCO and CRO coins are staked, so it shouldn't be a big sell pressure. In the meantime, maybe the problem will have a solution.


VNFC
VNFC

Pragmatic style. Love Science Fiction, Sports, Music and Dance, Travel and Movies. Hit me with AMA and I will try to make a good solution.


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