Cryptocurrency debit card providers’ ceased services after payment giant Visa had cut off a card issuer’s membership. The Bitcoin payments processor announced that the company will refund any balances to users who purchased cards after the 1^st of December 2017.

The Bitpay shutdown, however is only restricted to European customers as Bitpay announced that the US market has yet to be affected. They also announced they were in negotiation stages with “potential alternative issuers”.

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Visa comments on the situation that Bitpay had lost its membership due to a failure of compliance with their terms and conditions. However, other Visa card issuers may continue to use other cryptocurrency cards. Bitpay had reveled only less than a year ago that they were expanding to 131 countries and that their cards would allow for users to transact from cryptocurrencies to Euros, Pounds and US dollars.

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The stall will delay the visa program by 6 months

Source: http://www.uscg.mil/ 

The Department of Homeland Security has announced that the fast track processing of H1-B visas will be temporarily shut down.

According to Breitbart, Homeland Security officials have requested DHS chief John Kelly to shut the “premium processing” loophole for six months which will, according to employers and U.S immigration lawyers,  likely delay approval of H-1B visa requests for months.

The decision has brought about mixed reactions and comes four weeks before the deputies were required by law to quickly distribute roughly 65,000 more H-1B visas.

Employers and companies have slammed the decision because the visa program allowed for U.S. and foreign companies to import cheap white-collar contract-workers into the U.S. labor market.

However many viewed the H1-B program as a measure designed to take jobs away from Americans.

Canceling the H1-B visa program has been one of Trump’s major campaign promises.  “I will end forever the use of the H-1B as a cheap labor program, and institute an absolute requirement to hire American workers first for every visa and immigration program,” he said in a March 2016 statement. “No exceptions,” he added.

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