Wirex could undergo card outage in EEA attributable to UAB PayrNet licensing situation

Debit playing cards provided by way of crypto cost service Wirex could cease functioning within the European Financial Space (EEA), based on a June 23 electronic mail the corporate despatched to a few of its prospects. The specter of stoppage was triggered by Lithuania’s central financial institution revoking the license of UAB PayrNet, Wirex’s card supplier.

This information comes after Wirex’s competitor, Cryptopay, additionally introduced that its playing cards could cease working within the area because of the similar situation.

Proceed Studying on Coin Telegraph