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Litecoin Visa Cards To Be Discontinued for US Users Due to Banking Partner’s Decision To Stop Supporting Digital Currency Businesses

Cointime Official

UnbankedHQ, a partner of Litecoin Foundation, has announced that US-based users of Litecoin Visa cards will no longer be able to use them from May 1, 2023. The move comes after their banking partner, MCBankNY, decided to stop supporting businesses that deal with digital currencies.

The announcement has caused disappointment among Litecoin holders who valued the ease of use and convenience of the Litecoin Visa card. It remains to be seen if Litecoin Foundation will seek out a new banking partner to provide similar services to its US-based users.

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