on you did not spread the rule that you can not make any public statements about the issuance of the card before your project is approved by the payment system visa?
Have you heard of this?
if you take this into account and if this is true, Monaco will never be able to issue his cards
MonaCo already is a confirmed Visa program manager. If you want to FUD the only reasonable angle is the AC, which as far as I'm aware still hasn't been replaced.