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Crypto.com MCO Visa Cards Suspended After Spectacular Collapse of Wirecard Solutions!

The German-based payment processor Wirecard Solutions just suffered a spectacular collapse following a $2bn accounting fiasco that makes its among the largest such financial scandals in German and EU history.

Wirecard UK, a subsidiary of Wirecard Solutions, was caught up in the firestorm, and had it’s operations halted by the FCA, UK’s financial watchdog.

This means the primary issuer issuer of the popular Crypto.com visa debit card for the UK and EU region, will leave those users with frozen cards and an uncertain future for the product, as the company scrambles to find another vendor for card issuance and payment processing.

Customers of Crypto.com in Asia and the Oceania region might have their MCO Visa Cards Suspended as well in the near future.

MCO tokens have a monthly trading volume of around 550 million US Dollars.

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Reporting mainly on the Asia Pacific region and the global Coronavirus crises in countries such as the United States, Mainland China, Brazil, Mexico, Italy and Germany. Love to Travel and report daily on destinations reopening with a focus on Domestic travel within Europe, North America and the Caribbean. Fan of the English Premier League , the German Bundesliga,, the Spanish La Liga.

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