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BOSTON–The Federal Reserve Bank of Boston and a team of researchers said they remain engaged in a project aimed at solving the technical challenges of a central bank digital currency.

WASHINGTON—A “controversial” proposed rule that would enforce Know-Your-Customer rules on unhosted or self-hosted crypto wallets may again be under consideration by the U.S. federal government, according to one new report.

SAN FRANCISCO–As it seeks to establish itself as a mainstream gateway to the world of cryptocurrency—including as a place to routinely deposit paychecks, expense reimbursements and tax refunds–Coinbase said it has now launched a direct deposit program in conjunction with TurboTax to that would send state and federal tax refunds to Coinbase accounts.

FAYETTEVILLE, N.C.– Bragg Mutual Federal Credit Union said it has been approved by NCUA to expand its field of membership to serve 301 census tracts, or 26 counties in North Carolina and seven in South Carolina.

LONDON—Some countries are ranking significantly higher in the share of citizens owning digital assets, as cryptocurrencies move to the mainstream, with more people embracing different assets for various purposes, including investment.

NEW YORK—Points and miles may take consumers to exotic destinations, but a new Bankrate survey has found American credit card holders tend to value a more practical prize: cash back rewards.

WASHINGTON–Chef José Andrés has been named as the latest keynoter to CUNA’s upcoming Governmental Affairs Conference (GAC).

ST. PETERSBURG, Fla.—Credit unions still have at least one “sweet spot” they can leverage in the era of digital relationships, says one expert.

DUBLIN, Ireland–An enormous deficit has been discovered in the pension fund that covers thousands of credit union employees in this country.

WASHINGTON— The lack of a clear regulatory environment and appropriate supervisory framework poses risks to the adoption of otherwise promising technologies, such as digital assets, according to a letter sent by NAFCU ahead of a Senate Banking Committee hearing on the President’s Working Group (PWG) on Financial Markets’ report on stablecoins.