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Topic: [2018-01-05] Bitcoin card providers cancel services without notice (Read 130 times)

sr. member
Activity: 658
Merit: 282
Major bitcoin debit card providers such as Wirex, TenX and Bitwala have issued
statements informing users that all VISA card operations have been cancelled effective
immediately following urgent communication from card issuer WaveCrest.

With zero notice, this leaves thousands of debit card users around the world trapped with no access to funds.

...

https://cryptoinsider.21mil.com/bitcoin-debit-cards-suspend-services-following-urgent-users-left-trapped-without-funds/

...

For some reason VISA has terminated all the Bitcoin debit cards that were issued
by WaveCrest. Originally they had banned people from outside Europe in September,
but apparently this was only the beginning of their crackdown.

Let´s hope that Bitwala, TenX & the rest of them manage to come up
with another solution to continue to offer Bitcoin debit cards.

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