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First Movers, Early Lessons
Glen speaks with a pair of execs on the front lines of credit unions’ crypto rollout: Rahm McDaniel of NYDIG and Joe Keller of Visions Federal Credit Union- about the state of play and any impacts of recent market turbulence.
Links related to this episode:
- Service provider/Bitcoin gateway NYDIG: https://nydig.com/
- Visions Federal Credit Union’s Crypto primer: https://www.visionsfcu.org/a-quick-intro-to-crypto
- The NCUA’s May 26 letter clarifying use of distributed ledger technology: https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/federally-insured-credit-union-use-distributed-ledger-technologies
- Our interview with DePaul professor and crypto expert Lamont Black: https://www.big-fintech.com/Media/BIGcast/ArticleID/822/Stoking-the-Flames
Demystify your members’ use of crypto- contribute anonymized data to BIG’s industry-wide effort tracking deposit outflows to crypto exchanges. Participating CUs will receive a complimentary report comparing their members’ activity to industry averages: https://www.cucrypto.report/
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