News yesterday is that Visa will be blocking cards like Tenx because they are not actually connected and no deals signed. It will also file a case against the cards supplier.
Ducktales unless you show proof. Other cards aren't being shut down, via Visa Europe in the following link:
https://thenextweb.com/hardfork/2018/01/05/spending-bitcoin-with-a-debit-card-just-got-a-lot-harder/"We can confirm that WaveCrests Visa membership is being terminated due to continued non-compliance with our operating rules. All of WaveCrests Visa card programmes will be closed as a result.
Visa has other approved card programmes that use fiat funds converted from cryptocurrency in a number of jurisdictions. The termination of WaveCrests Visa membership does not affect these other products.
Visa is committed to the security of its ecosystem and compliance with Visas operating rules is critical for ensuring the safety and integrity of the Visa payment system. Our issuers card programmes must comply with our membership regulations, as well as all applicable laws."
this is the case indeed.
i assume there are plans underway to find an alternative supplier/partner?
and i assume cards will have to be re-issued?
this is a massive blow to the project. I ordered my card in November but
still have not got it and im in Europe.