MASTERCARD ISSUES NEW GUIDELINES
In a way, it was to be expected that MasterCard would follow Visa’s example as far as the prepaid debit card ban was concerned. With the world’s largest card issuer halting card support for countries outside the European Economic Area, things took a turn for the worse. MasterCard is now taking a similar approach, which is sure to send more shockwaves throughout the financial sector. Unfortunately, this also will affect cryptocurrency startups looking to issue such cards on a global scale.