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The British Financial Conduct Authority (FCA) imposed significant restrictions on the German company Wirecard on Friday. From now on, Wirecard cannot sell any funds or assets and, moreover, it cannot conduct any regulated activities. FCA’s Friday decision is the aftermath of Wirecard’s problems related to accounting irregularities revealed some time ago – EUR 2 billion is missing in the company’s books. Currently, proceedings are pending in this case and the company itself is conducting bankruptcy proceedings. The financial effect of the butterfly No financial company, including Wirecard, operates separately from other financial market entities. It is no wonder then that the FCA’s decision also strongly influenced other companies more or less related to Wirecard. The British fintech Curve was forced to inform the owners of the cards it issued about the temporary shutdown of the site. The card holders received information on Friday as follows: Your Curve card and all related servi...