VISA recently ordered to banned all BTC debit cards. Currently banned cards: Bitwala, Cryptopay, Wirex, and TenX and xapo.
I am personally a XAPO user and got following email:
"Dear Cardholder,
Yesterday, January 4th 2018, the Xapo Card issuer Wave Crest Holdings, Ltd. was instructed by Visa® to close all cards of its Visa® programs effective immediately.
Unfortunately, Xapo did not receive any anticipated notice to prepare for - and have our cardholders prepare for - the cancellation of our Card program."
A very sad day
I am personally a XAPO user and got following email:
"Dear Cardholder,
Yesterday, January 4th 2018, the Xapo Card issuer Wave Crest Holdings, Ltd. was instructed by Visa® to close all cards of its Visa® programs effective immediately.
Unfortunately, Xapo did not receive any anticipated notice to prepare for - and have our cardholders prepare for - the cancellation of our Card program."
A very sad day
If I'm not mistaken, there was one article about the CEO of Visa declaring bitcoin a fraud or bubble or something to that effect. I can't remember correctly though.
Well, this is no surprising news. We all know that bankers really hates bitcoin and this declaration is another way of waging war against bitcoin. But why are you sad though? They are leading a smear campaigns against bitcoin and I'm sure that we can find others way to transact without Visa sponsored card.
Its not like the end of world for bitcoin. We all know that this will be forthcoming admit it or not. There are really feel threaten by crypto specially that its gaining ground once more. So be it, they started the war many years ago and I don't think can stop bitcoin though.