TheBlock
2020-06-26 09:15:40

UK regulator suspends Wirecard’s subsidiary that issues Visa crypto debit cards

The U.K.’s Financial Conduct Authority (FCA) has suspended Wirecard’s subsidiary, Wirecard Card Solutions (WCS), which issues Visa crypto debit cards. The FCA said WCS “is no longer permitted to conduct any regulated activities” and “must not dispose of any assets or funds.” “There are ongoing events in Germany concerning companies closely linked to Wirecard. Wirecard’s […]The post UK regulator suspends Wirecard’s subsidiary that issues Visa crypto debit cards appeared first on The Block.

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