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    Home»Regulators»US credit unions want to buy cryptocurrency directly
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    Regulators

    US credit unions want to buy cryptocurrency directly

    AdministratorBy Administrator22.12.2021No Comments1 Min Read
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    Permissions to buy and own cryptocurrency are directly sought by US credit unions.

      US credit unions are requesting direct ownership of digital assets. As a reminder, just last week, the National Credit Unions Administration of the United States (NCUA) announced that it allowed federal insurance credit unions (FICUs) to cooperate with third-party service providers in the cryptoasset market.

      Ann Kosacheva, a regulatory expert at the National Association of Credit Unions with Federal Insurance, confirms that her organization is seeking explicit permission to provide cryptocurrency custody services.

      At the same time, financial advisors and asset managers note that their clients are actively interested in bitcoin and other digital coins that allow them to diversify their portfolio.




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