Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
Rogerdale
on 29/08/2017, 12:54:03 UTC
Cards will be available in more regions as they roll out, I heard Asia first, then EU. Local bank regulations will need to be complied with (KYC etc).

"It's the dawn of a new economy." - Anonymous Banker
https://www.crypto-games.net?i=D5YgPEUOzL

It's not that simple. See here: https://bitcointalk.org/index.php?topic=2120076.0

Quote
Visa Europe, which owns Wave Crest Ltd.(aka MyChoice), is acquired by Visa International on August 22nd.
And the new boss of Wave Crest Ltd. decides to limit the card issuing business only to the residents of the European territory (see the list: https://mychoicecorporate.com/visa-card-issuance-list/)
Furthermore, the Bitcoin debit card companies work with MyChoice need to notify users who don't live in those countries that they need to spend all their balance in 30 days, after which the cards will be suspended. (In another word, you can 't use your card after 30 days)

Monaco was going to use MyChoice as the provider. As far as I understand MyChoice is the only option for Monaco.