BTCC’s Mobi and Bitwala turn away from non-EU Visa users

BTCC’s Mobi and Bitwala announce the suspension of Bitcoin cards for non-EU Visa network users
01 September 2017   802

China-based BTCC's Mobi wallet application is to stop offering its Visa debit card service to non-European residents on October 15th, 2017 as because of the new licensing restrictions from Visa.

On top of that, Berlin-based Bitwala, a Bitoin wallet management app, also announced they would be suspending service on all existing debit cards for users who live outside of the Visa European territory. Thus, according to Visa's new regulations, only customers in the EEA and selected adjacent states will be able to order the Bitwala Debit Card. Bitwala will suspend service on all existing Debit Cards for users who live outside of the European territory by October 15th, 2017. The new regulations came into force on August 21st and users who have ordered their cards from August 9th have been refunded.

Furthermore, Bitwala team has also announced some changes in their currency policy:

Bitwala currency suspension Bitwala currency suspension

As reported, in the past week, Xapo and Shakepay also announced that they would be halting service of their Bitcoin enabled debit cards to all card holders who reside outside of the Visa European payment network.

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
21 February 2018   28

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.