This is all Wavecrest's fault. First they stopped worldwide shipment and now they get shut down by Visa for being incompetent. Sucks that TenX got involved with a bunch of clowns. It makes TenX look incompetent but they really arent except for the scaling issues they had a while back.
The good news is that they are now able to forget about their EU Wavecrest cards and get 100% of their team to work on integrating their system with their other card issuer, Wirecard. Should be done soon. Then in Q2, if all goes well, TenX will be the only company with a banking license to issue their own cards.