Cryptocurrency Transactions

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ayasuzuki

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!