Good News for Europe | Crypto.com cards are working again

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After its bankruptcy. It seems that the situation returned to normal after the resumption of activity of Wirecard.

Wirecard drives the crypto ecosystem down

Last week, the company behind many crypto debit cards, Wirecard, filed for bankruptcy after a $ 2 billion hole in its accounts.

Unfortunately, companies like CRYPTO.COM had to cease their activities relating to bank cards. And this, despite the fact that the funds of the users were in no way endangered by the bankruptcy of the service provider.

Unexpected rebound

While all seemed to be lost for Crypto.com users, this new week comes with its share of good news: Crypto.com cards are back in service.

“The FCA has given its written agreement to allow Wirecard UK to resume payment services. The activity restriction was lifted at 00:01 UTC on June 30, 2020. "

Other similar services like TenX have also been able to resume service and reactivate all of their customers' credit cards.

As of now, all of the Crypto.com cards distributed across Europe can be used again.

Regulation and Society adoption

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