Crypto.com startup's cryptocurrency cards stopped working this Friday after the UK Financial Supervisory Authority announced the suspension of its issuing division of Wirecard.
As Crypto.com writes in its blog that customers in the UK and in Europe will no longer be able to reload or use their cards.
The CEO of Crypto.com, Kris Marszalek, commenting on this news assured customers that their funds remain safe. He guaranteed that cryptocurrency wallets will receive a refund within 48 hours.
The rate of the native exchange token of Crypto.com - MCO, has lost 20% over the last week. The current price of the token makes up $4.069.