SpectroCoin Card Review 2026

Closed to new customers since 1 July 2026. Spectro Finance OU, the EEA arm, stopped taking new EEA registrations after 30 June pending MiCA authorisation and waitlists applicants instead, and it suspended deposits, crypto purchases and top-ups at the same time. The card is EEA-only and funded from converted crypto, so that closes the order path completely. Existing holders keep spending, and SpectroCoin says it will restart once authorisation is granted, without naming a date. What the product is, for reference: the simplest custodial Visa Debit in our catalogue, EUR 1 virtual and EUR 5 physical to issue, EUR 1 a month, with FX at 0% inside the EEA in euro, 0.5% on non-euro EEA purchases and 1% internationally, plus a flat EUR 0.50 on every transaction regardless. No cashback at any tier. It carries a dedicated EU personal IBAN with SEPA, 54 fundable cryptocurrencies at roughly 1.5% all-in spread, and daily ceilings of EUR 25,000 at the till and EUR 2,500 at the ATM. Unusually for this category, SpectroCoin issues through its own Bank of Lithuania EMI, UAB Pervesk, so no third-party BIN sponsor can pull the programme out from under it. That is why this reads as a licensing pause rather than a shutdown. Worth re-checking when the CASP authorisation lands.