Visa has refused to service Bitcoin-cards

Several debit card providers have received notice of termination of operations with Bitcoin-cards

The bank-issuer of prepaid Bitcoin-cards WaveCrest received from the processing company Visa the instructions to immediately close all debit cards issued by them. According to Tehnot.com, several Bitcoin support debit card providers suddenly refused to service customers. Among them are Bitwala, Cryptopay, Wirex and TenX. These providers allowed the use of Bitcoins in the usual retail outlets.

"Visa Europe stated that the reason (denial of service - ed.) Was the non-compliance of WaveCrest rules of membership in Visa, but this is not a fight against cryptic foreign currency," the statement said.

However, WaveCrest is considered differently.

"Changes took place very suddenly, which did not give us time to notify our customers. This decision indicates that Visa, as well as trustees of other traditional financial corporations, do not want to serve the growing crypt-economy. This, in turn, prompts us to continue our vision of creating the first crypt-currency bank", - stated in WaveCrest.

Recall that the Central Bank of Great Britain in 2018 may give permission to put into circulation national criminals.

Source: Ukrinform

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