THE globe

KELOWNA, B.C.–Animal rights protesters chained themselves to the doors of a credit union here.

TORONTO—Canada’s largest bank, the Royal Bank of Canada (RBC), will likely deploy a cryptocurrency trading platform the company said will include many use-cases for its customers. 

CORK, Ireland–A former official with the Irish League of Credit Unions has been given six months to repay almost €20,000 which he stole from a credit union here.

BRUSSELS–The European Network of Credit Unions met with members of the of the European Parliament (MEPs) to discuss challenges facing credit unions in the European Union (EU)—and some key regulatory items coming up in the Parliament’s new legislative term.

CHARLOTTETOWN, P.E.I.–Credit unions on Prince Edward Island are again offering up to $50 cash back to any P.E.I. credit union member to put towards their gym membership fees.

PARIS—Issuing a draft guidance paper, the Financial Action Task Force (FATF) is urging financial institutions to ready themselves for the impending global expansion of digital identification systems. 

ABU DHABI, United Arab Emirates—After five years of development, reports indicate China in a matter of months could launch a digital yuan.

DUBLIN, Ireland–The second-largest credit union in Ireland has been hit with a sizeable fine for breaching its long-term lending limits and for paying one of its board directors.

BEIJING, China—Former U.S. Federal Reserve Chairman Alan Greenspan this week said central banks have no reason to issue digital currency.

LONDON—Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realize its benefits as policymakers examine whether new regulation is needed, according to the global securities watchdog, the International Organization of Securities Commissions (IOSCO).