BlockFills temporarily suspends withdrawals, deposits

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Summary

- BlockFills has temporarily suspended withdrawals and deposits. - Trading has also been restricted by the institution-focused crypto lender.

Why It Matters for Texas Credit Unions

Relevant as it involves a financial service that could impact Texas credit unions operating in or with exposure to the cryptocurrency market.

Original Source Material

The institution-focused crypto lender has also restricted trading but has not given a timeline for when normal activity will resume. Nor has it given a reason for the precaution beyond market volatility.