MD|DC Credit Union Association President/CEO John Bratsakis recently appeared on CU Broadcast to talk about Corelation 2022 and his session: "Regulation Yoga: How to Stay Flexible in a Regulatory World."

“One of the things we really focused on is about the idea of making sure that you have a seat at the table. Making sure that your voice is heard,” said Bratsakis.

Bratsakis emphasized the importance of credit unions staying up to date with state regulations, as they have the opportunity to influence discussions around cryptocurrency and fintechs.

Bratsakis also discusses the changes seen in consumer behavior and challenges credit unions face with the growing popularity of cyrpto and their unregulated risks.

“You don’t want consumers getting involved in things without a full disclosure of what the challenges are,” said Brasakis.