Dexter's finance musings

Wirecard issuer of crypto.com credit could calaspe

Wirecard issuer of crypto.com credit could calaspe

Wirex issuer of the Crypto.com could calapse.  It appears that around 2 billion dollars is missing in a fraud.  The shares of the German company are down quite a bit.  It could have a dramatic effect on the mco price.  The troubles could give coinbase a near Monopoly on crypto debit cards.  I don't have any info if the debit card balance itself is threatened or if it will delay issuing my new card.

It's unclear if wirecard is responsible for the mco card in all markets it is possible that it is just a European thing and is the reason for the card delays there.  There is an old Post that says the metropolitan bank or some such is responsible for the us market.  

 

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edexter
edexter

Long time invester working at a meat packing plant.


Dexter's finance musings
Dexter's finance musings

This is just a blog about whatever my latest speculation is. Mining stocks, crypto or even bonds at times

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