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RE: It's 2018 and the CryptoWars Have Begun

in #cryptocurrency6 years ago

Thanks, @lesliestarrohara.

Yeah, it looks like they've all been affected,

""All the cards were shut down in one second," Lazarichev said, adding that WaveCrest hasn't been responsive. "We asked for more information, but they haven't provided any."

TenX, another cryptocurrency card company affected, tried to reassure users."

https://www.cnbc.com/2018/01/05/some-cryptocurrency-backed-cards-dropped-from-visa-network.html

TenX seem to think they're going to be able to find a workaround, but they're down 21% anyway.

https://twitter.com/tenxwallet?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

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...Basically, TenX are optimistic that they can obtain a banking license in Q2 2018.

That seems ambitious. Not sure I'd have much faith in that happening.