Visa has stopped supporting some bitcoin debit cards

Leading companies that provided the issuance of cryptocurrency payment cards have stopped issuing them for citizens registered outside the United States. This statement immediately followed an order from Visa management to stop supporting transactions with cryptocurrencies.

On January 4, the WaveCrest organization, which ensures the functioning of such cryptocurrency platforms as BitPay, TenX, Bitwala and Wirex, received a corresponding order from the world's largest payment system Visa. All companies cooperating with WaveCrest have already taken the necessary measures and notified their users that they have stopped issuing bitcoin debit cards.

For example, the official BitPay website has already published a statement that the service provider for using bitcoin is ceasing to cooperate with the European segment of users.

BitPay management also reported that the platform team has already begun blocking all payment cards linked to Europeans accounts. The next stage will be the return to users of the savings stored on the cards. In addition, the company promises to do everything necessary to return the ability to service non-residents of the United States.

Bitwala representatives, in turn, on the official page on Twitter reported that management is now gathering emergency advice regarding the current situation:

“Following an announcement made by our card issuers on behalf of Visa Europe, Bitwala cards are being withdrawn from circulation as of today. Our team will hold an emergency meeting to resolve the issue in the best interests of cardholders."

Payment system "MasterCard" announced the termination of cooperation with non-EU residents back in November last year.

According to http://hyipstat.top