CU News From Around the Planet
SOPOT Poland/MADISON, Wis.–As the deadly war in Ukraine continues—including Russia’s attack on a children’s hospital within the last week—the Via Stella Foundation has provided an update on the work it is doing to help victims, refugees and credit unions in Poland and Ukraine.
BASEL, Switzerland—A Bank for International Settlements (BIS) survey found 94% of central banks worldwide want to implement Central Bank Digital Currencies (CBDCs).
CANBERRA, Australia—The crypto market in Australia has seen significant growth over the past few years in terms of ownership and adoption, according to a new report.
COCKBURN, Turks and Caicos–As part of a government-backed initiative to launch a credit union for residents of the islands, plans are moving forward to give each resident a their account when the credit union opens.
LIMA, Peru—The USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Project launched a new initiative during its semiannual meeting here with an aim of facilitating better coordination between the public and private sectors in the development of regulatory proposals, mechanisms and strategies that improve access to financial services and boost economic opportunities for Venezuelan migrants and refugees.
CORK, Ireland–Homeowners here are now able to apply for home energy upgrade loans through special loans offered by credit unions.
BASEL, Switzerland—The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) has outlined its strategic priorities for its 2024/25 work program, which includes a focus on digital money.
MADISON, Wis.—Ten representatives from credit unions in the United States have spent two weeks in South America studying the USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Program (EIP) and how it connects Venezuelan migrants in Ecuador and Peru to financial inclusion through credit unions.
OTTAWA, Canada—The Bank of Canada (BoC) will increase supervision of payment service providers and launch a real-time payments system over the next two to three years, according to a new report.
ROSETOWN, Saskatchewan–Three credit unions in rural Saskatchewan are looking to merge.
