Quote from: Altpower on September 06, 2017, 02:22:08 PM

Quote from: CLOCk_counter on September 06, 2017, 01:55:37 PM

Quote from: rajravind on September 06, 2017, 01:03:32 PM

Quote from: CLOCk_counter on September 06, 2017, 12:15:23 PM

Quote from: JamesCooper on September 05, 2017, 09:51:52 PM

Hi everyone, i'm a full MCO supporter from Italy (Black Card reserved from ICO).

I've read about XAPO closing all debit cards for all users outside Europe.
This will be probably extented to other companies using Wavecrest services.
It's clear now that the Wavecrest thing is not an option for MCO so they can't fail.

To me, a full Visa support seems to be not easy to get, because you need very good credentials (a structured business) and also because this crypto thing could make those boring banking guys obsolete.

What is your opinion?

Why Xapo and other companies didn't apply for Visa issuing collab?

By the way, i remain optimist on the long-term view of MCO.

What the hell is wrong with the stupid Visa ! They are just making restrictions instead of making business and offering convenience to people. There is so much money to make for them out of crypto cards and they throw such a restrictions.

https://news.bitcoin.com/bitcoin-debit-cards-non-european-residents-visas-new-rules/

Can anyone please clarify what could be the reason for this?

Perhaps bcos money laundering maybe
They will figure out how to settle this soon bcos Europe alone won't contribute much to their profit.
This news was released 5 days ago anyway

So we can make conclusion that MCO VISA is delayed until anti-money laundering regulations are put in place with regards of crypto currencies?! And we don't know how long this delay will be. Weeks or month...

I would suggest you reading more on this topic as you got everything wrong and reading other lazy people opinion is waste of your time. Can start with googling payment solutions or transaction middleman credit card. You cannot just use one and expect to dominate whole world, different continents, countries have different regulations, its not easy.

And you think you could just go to multi-billion FINANCIAL corporation and ask them for partnership and they will just say yes? lol

You are right. But in my opinion it will take time for MCO to get approval of Visa (or similar) and I decided to quit MCO at price of 0,0022 till further info. I wish good luck to everyone.