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Swift to start live trials of digital asset transactions next year

Swift announced that banks and central banks across North America, Europe, and Asia in 2025 will be able to use its network to conduct pilot transactions in digital assets and central bank digital...

Oct 04, 2024
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Article
Digital Assets

Record-High Community Bank Acquisitions by Tax-Exempt Credit Unions Requires Policy Response

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 17th acquisition of a tax-paying bank by a tax-exempt...

Oct 03, 2024
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Article
Credit Unions

New op-ed: Credit unions that act like big banks should be regulated like them

Members of Congress and the American public should consider why credit unions are acting like the nation’s largest banks while enjoying tax and regulatory advantages, according to a new MarketWatch...

Oct 03, 2024
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Article
Credit Unions

Agencies issue joint statement on institutions affected by Hurricane Helene

Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Helene on the customers and operations of many financial institutions.

Oct 03, 2024
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Article