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DLT Greenlit By NCUA - Fin Tech - United States

On May 25, 2022, the US National Credit Union Administration ("NCUA") issued an industry letter authorizing federally insured credit unions to use distributed ledger technologies ("DLT Letter").

NCUA lets service organizations make auto, payday loans

The National Credit Union Administration adopted a rule that allows credit union service organizations to offer a wider range of loans over the objections of agency Chairman Todd Harper, who said it risks deposit insurance losses.

NCUA plan would exempt government funds from subordinated debt rule

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