Three-quarters of the survey participants said they view crypto payments as a viable alternative to traditional money transfer services, according to an announcement.
-
-
EU blasts German regulators over the failure of crypto debit card issuer Wirecard
The high flying fintech collapsed this summer after an audit revealed massive fraud, including more than $2.2 billion missing from its accounts
A major issuer of cryptocurrency debit cards since 2018, payments processor Wirecard starting coming apart in mid-June, when the Financial Times reported that its shares had fallen by more than 60% after the firm’s auditors warned that €1.9 billion (nearly $2.23 billion) was missing from its accounts. Before going into bankruptcy in late June, the fintech firm had been a big success, with operations far beyond the crypto business earning it a place on Germany’s prestigious Dax 30 stock index.
