Credit unions support appropriate oversight and regulation of the digital assets marketplace and must have the authority to participate, CUNA wrote to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion this week.
Recent collapses show the status quo isn't cutting it for consumers, CUNA President/CEO Jim Nussle wrote in The Hill, adding that consumer protectors like credit unions should have the ability to offer crypto services to consumers in a safe way.
Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.