Visa Locks Down Prepaid Cryptocurrency Debit Cards!
The VISA payment system quite suddenly put an end to the existence of crypto-currency cards. But what are they? This tool is very common among users of crypto currency.
VISA cards provided indirect payment for purchased goods or services, automatically converting the crypto currency to the national currency. A card is a tool for bridging the gap between a real money system and a digital one.
As a result of a sudden refusal, VISA ceased to serve customers of digital currencies, processing companies had to suspend their services in Europe and return customers their funds.
Despite the fact VISA appears to be against cryptocurrency, Ethereum has reached all time highs. This move from VISA does not signify the beginning of the end of cryptocurrency, but will incentivize a push for creativity from crypto-enthusiasts until an alternative solution is found.
Disclaimer: This is my personal opinion and not investment advice.
Source: https://voiceofpeopletoday.com/crypto-currency-attack-visa-blocks-bitcoin-cards/
