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Crypto Cards Affected as UK Regulator Suspends Wirecard Subsidiary

According to a statement issued on June 26 by the regulator, Wirecard’s subsidiary is required to not dispose of any of its funds, stop conducting any of its regulated activity, and it must communicate on its website and to its customers that it is no longer permitted to conduct regulated activity.

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Europe’s recovery will be ‘restrained’, Christine Lagarde warns

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