FCA freezes credit cards issued by WireCard (Payoneer, Crypto, Anna Money, Curve, FairFX, Pockit)
Today, the Financial Conduct Authority (FCA) issued requirements on Wirecard Card Solutions Limited (WCSL) in the UK, freezing all prepaid card activity for the time being.
Wirecard Card Solutions Limited (WCSL) is a subsidiary of Wirecard AG which has filed for insolvency.
Wirecard Card Solutions Limited (WCSL) issued credit cards of Payoneer, Crypto.com, Anna Money, Curve, FairFX, Pockit, and other financial companies. Roughly millions of users, freelancers, and small businesses have now had their funds frozen, they can't spend or withdraw them.
If you are affected or know any relevant information, please share your insights.
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