Visa closed the service debit cards that support Bitcoin
The issuing Bank of prepaid Bitcoin cards WaveCrest received from the processing company Visa available immediately close all of its issued debit cards.
As reported Tehnot.com several providers debit card support Bitcoin suddenly refused service. Including Bitwala, Cryptopay, Wirex and TenX. These providers are allowed to use bitcoins in regular shops.
“Visa Europe said that the cause (denial of service – ed.) was the failure WaveCrest rules of membership in the VISA, however, this is not a struggle with cryptocurrencies,” – said in the message.
Meanwhile, in WaveCrest believe otherwise.
“The change happened very suddenly, did not give us time to notify our customers. This decision indicates that Visa, as well as by representatives of other traditional financial corporations, unwilling to serve the growing crypto economy. This, in turn, motivates us to continue our vision of creating the first cryptocurrency Bank”, – stated in WaveCrest.