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NEW YORK–New York Attorney General Letitia James has secured a court order that continues a mandated pause on the illegal and fraudulent operations of the cryptocurrency trading platform Coinseed, Inc. and puts in place a receiver to ensure the protection of investors’ money going forward, the New York AG’s officed announced.

PHILADELPHIA–Plans by two CUs in Pennsylvania to merge have been announced, while two other CUs in Michigan say their combination is now complete.

WASHINGTON– The U.S. Credit Union System Digitization Working Group has released a purpose statement in which the group, which includes 41 credit union system leaders from across the U.S., describes its effort to create a roadmap for digitization.

SAN FRANCISCO–Wells Fargo has reached yet another settlement for alleged violations of its own customers, this time for practices related to Guaranteed Auto Protection (GAP) fees.

WASHINGTON–CUNA has made several recommendations related to NCUA and Prompt Corrective Action.

ARLINGTON, Va.—With talk of “inflation” being increasingly discussed, new data show on a seasonally-adjusted basis, overall consumer prices rose 0.6% in May, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 4.9% over the 12-month period.

IRVINE, Calif.–With home prices on a tear and setting records, homeowners are seeing another benefit—a huge increase in their home equity.

WASHINGTON—NAFCU is calling on NCUA to minimize examination burdens by not making requests for model validations, in addition to making several other requests.