November 26, 2024 - 4:40pm
#1
Hello,
I wanted to know if any credit unions are currently banning direct transactions with cryptocurrency platforms.
If so, which channels do you prohibit these transactions (e.g., wires, debit/credit cards)?
Is this a complete ban, or do you establish dollar limits?
How do you maintain a current list of crypto platforms?
Did you add/amend any verbiage in your account disclosures and/or forms (e.g., wire transfer agreement form) to notify the member that crypto transactions are prohibited?
Thank you in advance for your help!