BRUSSELS, Belgium—With potential regulation of cryptocurrency on the agenda in Congress, the European Union has created its first rules for tracing transfers of cryptoassets.
Fresh Today
LONDON—The U.K.’s interest in fintech companies remains robust despite the global economic slowdown, with investment rising by almost a quarter from the previous year.
WASHINGTON–While credit unions are scrambling to push back against proposed federal legislation that would expand the interchange process by creating a new credit card routing mandate, the nation’s retailers have responded with praise for the bill.
WASHINGTON—What are the top priorities and strategies for mortgage lenders for the rest of the year as the market has changed? The recent Fannie Mae Mortgage Lender Sentiment Survey (MLSS) special topic analysis offers some answers.
WASHINGTON—Saying they are seeking to reduce the burden of tracking taxes on cryptocurrency transactions of $50 and smaller, two senators have introduced legislation that would except reporting on transactions up to that threshold and on any trade in which someone earns less than $50.
ALEXANDRIA, Va.–NCUA has issued a prohibition order banning one person from ever-again working in any federally insured depository institution.
MARLBOROUGH, Mass.–Credit unions in Massachusetts have raised a total of $240,000 for “A Bed for Every Child,” an initiative of the Massachusetts Coalition for the Homeless (Coalition), at the Stephen D. Jones Credit Union Charity Golf Tournament.
WASHINGTON– The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board have issued a joint letter demanding that the crypto brokerage firm Voyager Digital cease and desist from making “false and misleading statements” concerning the company’s FDIC deposit insurance status and take immediate corrective action to address these false statements.
WASHINGTON–The Treasury Department has announced a new “Climate Data and Analytics Hub” pilot program.