Iceland May Ban Mastercard and Visa Over WikiLeaks

Iceland, on the way to economic recovery since it decided to let its troubled lenders fail two years ago, is considering taking away the operating licenses from Mastercard and Visa in the country over their ban on donations to WikiLeaks.

From Raw Story on 12/13/2010:

Credit card companies that prevented card-holders from donating money to the secrets outlet WikiLeaks could have their operating licenses taken away in Iceland, according to members of the Icelandic Parliamentary General Committee.

Representatives from Mastercard and Visa were called before the committee Sunday to discuss their refusal to process donations to the website, reports Reykjavik Grapevine.

"People wanted to know on what legal grounds the ban was taken, but no one could answer it," Robert Marshall, the chairman of the committee, said. "They said this decision was taken by foreign sources."

The committee is seeking additional information from the credit card companies for proof that there was legal grounds for blocking the donations.

Marshall said the committee would seriously review the operating licenses of Visa and Mastercard in Iceland.

(Full article at the link)

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