The Wemovecoins cryptocurrency exchange in Denmark is no more. The exchange provided a platform for users to buy and sell cryptocurrency using a credit card or a bank transfer, but has been forced into bankruptcy. According to the exchange, it was obligated to shut down because of dispute between the company and a credit card vendor. The dispute led the vendor to refuse to pay the exchange its share of the funds processed by the vendor. According to an article by the Danish tech news outlet Computerworld, Wemovecoins filed for bankruptcy earlier this month. A lawyer working on the case, Niels Juul Mathiasen, "This credit card vendor has withheld the company's liquidity, why the company ran out of money and could not continue its operations." In a statement from the exchange, it added, \u201chere has been uncertainty about the company's ability to continue operations, as the company's liquidity is detained by the credit card issuer concerned. If the funds are not released, the company will not be able to continue its operations." The exchange is confident that the issue will be resolved and that it will be able to continue operating. The company\u2019s CEO, Fredrik Grothe-Eberhardt, told the Danish news outlet Finans, \u201cWe hope to buy back the website and reopen the business within three or four months.\u201d The Danish cryptocurrency market isn\u2019t the largest, but it is solid. This is despite attempts by the country\u2019s banks to prohibit digital currencies. The largest bank in the country, Danske Bank, has recommended against crypto and even banned cryptocurrency investments this past April. It said that cryptocurrency can\u2019t offer the same protection offered by traditional currencies or investments, adding that there is a great lack of transparency regarding cryptocurrencies\u2019 underlying value and that the crypto ecosystem was nothing more than a vehicle for financial crime and money laundering. The bank\u2019s position would be comical if it weren\u2019t so depressing. Just a few days ago, reports surfaced following an undercover operation that banks throughout Europe\u2014including in Denmark\u2014had helped users steal over $60 billion. Additionally, Danske Bank is the subject of an investigation by the U.S. government over claims that it allowed over $235 billion to be illegally funneled through a branch in Estonia.