Bankrupt Crypto Platform Banned from Handling Consumers’ Assets 08/02/2023 07:15 pm WASHINGTON—The Federal Trade Commission said a settlement has been reached with bankrupt cryptocurrency platform Celsius Network that will permanently ban it from handling consumers’ assets.
And the Hot Dog Eating Champion of Credit Union Land Is… 08/02/2023 07:17 pm GREENSBORO, N.C.–Vizo Corporate CU has crowned the hot dog eating champions in the credit union community—and raised money for a good cause, as well.
South Korean Banks Asked to Pool Approximately $4 Billion to Support Two Credit Unions 08/02/2023 07:15 pm SEOUL, South Korea–South Korea's financial services regulator has asked major commercial banks to prepare approximately $4 billion in financing to support credit unions hit by member withdrawals, two banking sources told Reuters.
Elko FCU Again Offering Free Hair Cuts for Kids as They Return to School 08/02/2023 07:16 pm ELKO, Nev.–With families spending hundreds of dollars on back-to-school costs for their children, Elko FCU is again sponsoring “Cuts for Kids,” which provides free haircuts for local students returning to school.
2030 Vision: Study Predicts 15 Central Bank Digital Currencies Will be in Place 08/02/2023 07:16 pm BASEL, Switzerland—A new study projects that 15 retail central bank digital currencies (CBDCs) could be in circulation by 2030.
