The Switch Visa Card is issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa. No cryptocurrency is loaded onto the Switch Visa Card. All assets are converted to local fiat currency prior to loading on the Visa network. The Switch VISA Card, USD Deposits and FDIC insurance provided through Choice Financial Group.
Switch Reward Card DAO LLC is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC.
Digital asset services and custody provided by Prime Trust Company.
Switch nodes and the Switch blockchain are governed by a Distributed Governance Framework, which is distinct from and not solely controlled by Switch Reward Card DAO LLC. Any value derived from Switch nodes and Switch Digital Rewards is likely to be uncorrelated with the success or failure of Switch Reward Card.
Rewards are not available for purchase from Switch. They are digital rewards earned in exchange for work and action on the Switch network. The digital reward is designed to have utility on the Switch platform for the purchase of Switch’s products and services. The digital reward is not an investment product and may never have any value outside of the Switch platform. Switch node owners should not expect to recognize any value from the digital reward other than its utility with Switch. Switch does not anticipate correlation between the digital reward value and Switch’s business activities.
Switch Services cannot be owned or operated by any individual or entity included in any economic sanctions list or residing in a country on the Specially Designated Nationals list maintained by The Office Of Foreign Assets Control. SWITCH RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF SWITCH SERVICES IN CERTAIN COUNTRIES OR REGIONS.