PARIS—Binance has been granted approval from regulators to operate its cryptocurrency exchange in France.
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WASHINGTON–The credit union-supported “Expanding Financial Access for the Underserved Act” (HR 7003) passed out of a House committee earlier this week but only after banking groups across the country raised objections.
MADRID, Spain— Fast-paced developments in decentralized finance (DeFi) and crypto assets necessitate a proactive and forward-looking regulatory and supervisory approach, Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, is warning.
WASHINGTON—Credit unions continue to pressure Congress to include legislation that would allow FCUs to serve cannabis businesses in the America COMPETES Act.
MADISON, Wis.- CUNA Mutual Group is contributing $125,000 toward The ACCOSCA Academy, a project of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA).
SNELLVILLE, Ga.–As part of its Commitment to Change Conversation initiative, the African American Credit Union Coalition said it will host a webinar today titled “Pandemic Habits that Stick.”
WASHINGTON–One month after launching new YourMoneyFurther.com website, Credit Union Awareness—which oversees CUNA’s “Open Your Eyes” campaign—reported it is seeing a “significant increase” in “consumer consideration of credit unions.”
MIAMI–Patrick Totten, president and CEO ofMiami Firefighters FCU, has announced his retirement.
NAPERVILLE, Ill.–– The Illinois Credit Union League (ICUL) and its subsidiary, Envisant, have announced their new board officers and directors. The elections took place during the ICUL’s 92nd Delegates’ Meeting.
SAN JOSE, Calif./HILLSBORO, Ore.–First Tech FCU said it has awarded more than $1 million to support education programs in its local communities, including $979,300 in grants to 68 nonprofit organizations and $60,000 in scholarships to 12 First Tech member students.