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Statement
2016-06-28


After confirming with Georgia’s Capital Bank, the OneNet UnionPay card issued by the bank is a prepaid card which supports transactions in the US Dollar. It cannot be used to conduct transactions in Onecoin or Bitcoin. Therefore, the rumor that ‘Capital Bank issues UnionPay Onecoin card’ is inconsistent with the facts.

UnionPay has always complied with the regulations in card-issuance, and has never issued any UnionPay card supporting transactions in virtual currency.

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