Heads Up! - Reduced Cryptocurrency Card Limits Heads Up! - Reduced CryptoCard Limits
If you own cryptocurrency cards in the EU, and they are unverified, make sure you either verify your account before 26th June 2017 or remove the balance to avoid any limitations and disruptions.
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Due to a change in the European Union Regulation (4MLD) if you have prepaid cryptocurrency cards and your account is unverified, you will have the following limits imposed:
1. Total card balance for all of your cards combined can not exceed 250 (GBP, EUR, or USD) at any time.
2. Cards can not be used to withdraw or pay more than 100 at any one time
To avoid these limits, you will need to verify your accounts. Verification can take time, so it's a good idea if you get it out of the way now, as there are bound to be delays later.
If your balance exceeds 250 (GBP, EUR, or USD) when the directive is in place, your account will be limited until it is verified.
Last edited by Play; 06-18-2017 at 05:32 PM.
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