FCA license granted to Wirex bitcoin debit card, brings more peace of mind to users
Wirex is the most popular bitcoin debit card player and today, it has been granted FCA license. This makes Wirex the third crypto and fiat payment platform in the world to hold a UK Financial Conduct Authority e-money license.
So why is this important? Unlike most of the bitcoin debit card insurers, by being regulated by FCA means that it is backed by globally recognized and respected financial authority.
This means that users now have more protection than ever before for your rights, personal information and funds.
Co-founder Pavel Matveev said this about the FCA news.
The FCA license should leave customers in no doubt about our commitment to providing a best-in-class platform and accompanying service. This internationally-respected license means that our users will benefit from more streamlined services and even lower rates than we currently offer.
This means more peace of mind when using a bitcoin debit card like Wirex.
* Buy, sell, store and spend Bitcoin, Litecoin and XRP (Ripple) using our secure, multi-sig wallets
* Exchange between your fiat currencies effortlessly, in-app, at bank-beating rates
* Instantly convert your BTC, LTC and XRP at the touch of a button
* Experience best-in-class security, including PCI-DSS Level 1 certification, segregated client funds, 3-D Secure and 24/7 support in multiple languages