crypto

The National Mall in Washington, D.C.

This week: Congress preps bills with credit union impact

News / / , / 2 minutes of reading

This week, America’s Credit Unions will be engaged as Congress works on several bills that could impact the credit union industry. Of note, the House Financial Services Committee is expected to hold a markup Thursday that will likely include a credit union-supported bill to improve Community Development Financial Institution (CDFI) Fund transparency.  America’s Credit Unions …

This week: Congress preps bills with credit union impact Read More »

CVC mixing proposal should include threshold for exemptions

News / / , / 1 minute of reading

The Financial Crimes Enforcement Network (FinCEN) should revisit its convertible virtual currency (CVC) mixing proposal to avoid covering the majority of financial institutions by a rule that should be targeted at a “relative few,” America’s Credit Unions wrote Monday. FinCEN’s proposal would establish certain reporting and recordkeeping requirements for those that participate directly in CVC …

CVC mixing proposal should include threshold for exemptions Read More »

Scroll to Top