with regard to October 15th WaveCrest holdings stop Bitcoin debit cards....
What about Mastercard? its also affected? anyone knows some about that?
There some MC bitcoin debits cards....
advcash Mcard issued WaveCrest
yes, i know... so?
Recent events had it so services using WaveCrest had to restrict services to EU only due to new policies. See:
https://bitcointalk.org/index.php?topic=2120076.0I can confirm this. I used to have an account with them quite a bit back when they were just starting out. They used to be much more relaxed with following international card-related policies and the American KYC regulations, which allowed me to get a card with ease. Now it is even impossible for me to access their website. They block access from IPs outside the European Union so that they don't have to deal with any legal complications that may arise from knowingly or unknowningly offering service to someone in a restricted region.
what i mean.... its not VISA. thats te point....
its Mastercard... no one name Mastercard on the list of blocked cards. The policy will be the same? someone is sure of that?
Oh, I see what you mean. No, I don't see why whether it's Visa or MasterCard would make the situation any different. Regulation is on the side of the government and their legislation, not on the side of the merchants. They are not the ones deciding to implement KYC laws that make it harder for people to do financial transactions. In fact, regulations such as that hurt card companies which in turn sell less and process less transactions as a result of the regulations imposed by the governments. That being said, I do believe some of it is necessary, albeit that's a completely different topic.