THE globe

GENEVA, Switzerland—Dukascopy Bank announced it has developed its own Ethereum stablecoins.

BASEL, Switzerland–The Basel Committee has revised the leverage ratio treatment of client cleared derivatives to generally align it with the standardized approach measuring counterparty credit risk exposures (SA-CCR) as used for risk-based capital requirements, according to the World Council of Credit Unions, which supported the move.

LONDON–Lloyds Banking Group has pledged a further £1 million to support credit unions across the U.K. through its Credit Union Development Fund.

NEW YORK—JPMorgan Chase has launched a platform to digitize and automate cross-border payments in China, while separately it has been hit with a fine by Ireland’s regulator.

MADISON, Wis.–The Worldwide Foundation, the international development and charitable arm of World Council of Credit Unions (WOCCU), is offering a reminder of an opportunity for credit unions to offer their members a credit card that funds financial inclusion programs in developing nations with every item they purchase.

SURREY, B.C.–A credit union here is closing  its only unionized branch, where its employees have been on a strike since January.

MADISON, Wis.—The Worldwide Foundation for Credit Unions is building upon its long tradition of providing relief to credit unions reeling from natural disasters by launching Project Storm Break—an annual campaign

PORT AU PRINCE, Haiti—The World Council of Credit Unions said it will assess the agricultural investment landscape in specific target zones in this country as part of a value chain assessment (VCA) being funded by USAID Haiti’s INVEST program.

MENLO PARK, Calif.—Well ahead of its launch, regulators from around the world are expressing concern and even some confusion regarding Facebook’s proposed new cryptocurrency, the Libra coin. 

MUMBAI, India—More ride sharing services are getting into credit cards