It's simple to understand they can't get VISA approval lol.
You can literally look up Foris (Monaco/MCO parent company) on Visa's list of approved partners. They're approved.
But have you questioned what's the hold-up? What's taking too long for them to release a simple effin card? Many people are done with their BS announcements and updates. The more important here is the cards hasn't been released yet. Totally unacceptable specially if you are part of the ICO investors. I'm not here for FUD, i'm stating what i feel about them.