ALERT - WAR ON CASH AND CRYPTOCURRENCY IS STEPPING UP ... BIG TIME!!
Just got this in my mail from Wirex payment card.
New regulation Due to a change in European Union Regulation 648/2012 known as the 4th Money Laundering Directive, your unverified Wirex account will have the following limits as of 26th June:
- Total card balance for all of your cards combined can not exceed 250 (GBP, EUR, or USD) at any time
- Cards can not be used to withdraw or pay more than 100 (GBP, EUR, USD)
Here's the mail:
Ps. The exact same regulation are introduced in the US:
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin
To Note: "This new regulation applies to all crypto-currency and non-crypto-currency cards provided by all EU companies."
oh shit not good
Tell me about it.
And it affect ALL cards.
"This new regulation applies to all crypto-currency and non-crypto-currency cards provided by all EU companies. "
I've got to get it all out now lol
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