Crypto debit cards issued by Wirecard stop working after UK FCA's action - The Block
Crypto.com's MCO Visa debit cards have stopped working after the U.K.'s Financial Conduct Authority (FCA) suspended Wirecard Card Solutions (WCS), a subsidiary of scandal-hit Wirecard.
The news means Crypto.com's U.K. and European customers will not be able to top-up their cards or transact. CEO Kris Marszalek said the FCA has "effectively shut down" WCS.
