Clarifying certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT) is the focus of a letter issued Wednesday to all of the federally insured cooperatives insured by the […]
Input on potential and current impacts of the use of digital assets and related technologies – or, said another way, the impacts of distributed ledger technology (DLT, such as blockchain) and decentralized finance (DeFi) – […]
A one-basis-point reduction, from 1.39% to 1.38%, in the “normal operating level” (NOL) of the federal share (deposit) insurance fund for credit unions was approved by the National Credit Union Administration (NCUA) Board Thursday on […]
The current expected credit losses (CECL) accounting methodology adopted by the accounting industry’s governing board is among the items included on a preliminary executive agenda for a planned Dec. 19 meeting of the Financial Stability […]
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