Credit Unions


Policy

Federal Regulator Says Credit Unions Can Partner With Crypto Providers

The new guidance will allow them to support the buying and selling of cryptocurrencies.

(Wikimedia Commons)

Finance

Bitcoin at Your Bank: NYDIG Names First 2 Firms to Roll Out BTC Buys

Five Star Bank and UNIFY Financial Credit Union will be the first to offer bitcoin services through NYDIG’s partnership with Q2.

(Unify)

Markets

US Credit Union Regulator Wants to Know How Its Firms Handle DeFi

The NCUA is asking credit unions to weigh in on how they are interacting with DeFi and DLT.

The National Credit Union Administration, a federal regulator, wants to know more about how its regulated institutions are looking at DeFi and DLT.

Finance

DeFi Credit Union Platform Xend Finance Goes Live in Africa First

Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.

piggy banks

Policy

Federal Credit Union Regulator Should Look at Crypto Rules, Official Says

The NCUA could look at the Office of the Comptroller of the Currency's crypto guidance as an example, Kyle Hauptman said.

U.S. Capitol

Finance

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

africa, network

Finance

Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria

With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.

Xend Finance founder and CEO Aronu Ugochukwu (center)

Markets

IBM Scores Deal With US Credit Union Group to Use Hyperledger Blockchain

Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.

Hyperledger_Consensus_2018_hackathon

Markets

US Credit Unions Will Use DLT to Expand Payments Business

CULedger will use the public ledger version of Hedera’s hashgraph to build a global system for cross-border payments.

Bank

Markets

CULedger, Evernym Release Digital ID Blockchain for Credit Unions

The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.

piggy bank

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