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WASHINGTON—Credit union trade groups said Monday Congress is entering a pivotal stretch for digital assets legislation and other financial services policy initiatives, with both America’s Credit Unions and the Defense Credit Union Council intensifying efforts to ensure credit unions receive equal treatment with banks as lawmakers advance the CLARITY Act and related measures.

CHICAGO—America’s Credit Unions said Monday the Seventh Circuit’s decision to vacate and remand the Illinois Interchange Fee Prohibition Act (IFPA) case back to U.S. District Judge Virginia Kendall gives financial institutions another opportunity to argue the controversial state law is preempted by federal law following recent actions by the Office of the Comptroller of the Currency.

WASHINGTON--Monday the Defense Credit Union Council provided an official Statement for the Record ahead of the House Appropriations Committee, Subcommittee on Defense hearing on the Department of War’s Fiscal Year 2027 budget request and military financial readiness priorities.

NASHVILLE, Tenn.— Tennessee has become the second state in the country to ban cryptocurrency ATMs, after Gov. Bill Lee signed legislation this month outlawing convertible virtual currency kiosks amid growing concern they are being used to facilitate fraud and scams, according to The Tennessean.

ALEXANDRIA, Va.--The Defense Credit Union Council Monday filed a comment letter with NCUA supporting the recent proposal to simplify and modernize regulations governing records preservation programs.

WASHINGTON — John Crews has been nominated by the Trump Administration to serve as chairman of the NCUA, marking a major leadership transition as the agency continues to operate with only one sitting board member amid ongoing vacancies.

WASHINGTON — John Crews has been nominated by the Trump Administration to serve as chairman of the NCUA, marking a major leadership transition as the agency continues to operate with only one sitting board member amid ongoing vacancies.

ROCHESTER, N.Y.—A Rochester man has pleaded guilty in a sprawling fraud case that prosecutors said involved moving hundreds of thousands of dollars in stolen credit-card funds through accounts at Evolve Federal Credit Union before converting the money into Bitcoin, according to WHEC.com.