Bloomberg, in its latest report, has revealed that credit unions are seeking approval to hold crypto-assets directly.
The development follows last week’s announcement by the National Credit Union Administration (NCUA) to allow federally insured credit unions (FICUs) to partner with third-party digital asset service providers.
Highlighting certain conditions, the letter specified,
“This includes third-party provided services to allow FICU members to buy, sell, and hold uninsured digital assets with
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