OTTOWA, Ontario, Canada—The Bank of Canada has no plans to issue its own digital currency, but said that could change if cash usage drops off significantly or private options, such as Facebook’s Libra, gain widespread adoption.
THE globe
CU News From Around the Planet
LONDON—European fintech investment grew to a new high of $58.1 billion in 2019, the majority of which was secured in the U.K.
MADISON, Wis.–The World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) is calling on credit unions from around the globe to advocate that “an equal world is an enabled world”by encouraging industry women to apply for a 2020 GWLN Scholarship beginning on International Women’s Day.
NEW YORK—JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year.
PARIS—Fifty senior officials recently convened in Paris to discuss global issues surrounding virtual assets.
WASHINGTON—Leaders from the Internal Revenue Service’s Criminal Investigation unit and tax authorities from Australia, the United Kingdom, Canada and the Netherlands (the J5) met in Sydney, Australia to set priorities for the year ahead in the fight against international tax crimes.
SUMMERSIDE, P.E.I. —Approximately 180 women attended the Investing in You women’s conference held at Credit Unoin Place here and sponsored by Prince Edward Island’s credit unions.
WASHINGTON—The World Council of Credit Unions’ Global Women’s Leadership Network celebrated its 10th anniversary during CUNA’s GAC here while also focusing on goals for the next decade.
WASHINGTON–Regulatory developments on the international level are increasingly shaping regulations in the United States, according to one panel discussion here.
WASHINGTON–Saying it is fresh off its biggest fundraising year in nearly a decade, the Worldwide Foundation for Credit Unions thanked its supporters during a 2020 Champion Celebration here.