The only problem that I could see is if you are also going to house fish. And that is only if you don't acclimate them to the higher pH. The crushed coral with naturally raise the pH to about 8.
I've got a handful in my invert tank for the extra calcium, and I will be adding some to the filter (in a media bag) to my backup filter on the community tank as I have added nerites to it.
No reason to do anything special. Just rinse it out really well or you will get a cloud of white "dust" everytime you do a gravel vac. Someone suggested using a pillowcase to rinse sand, which worked awesome for me, and I would think that you could do the same with crushed coral or gravel or any other substrate.