THE globe

CU News From Around the Planet

DUBLIN, Ireland–Proposed legislation in this country designed to boost credit union growth contains “no silver bullet,” according to one government official, who said the movement is weighed down by excess deposits and muted lending, and that it is mainly up to the sector to help itself.

LONDON—The United Kingdom has introduced a new law to protect access to cash, ensuring the continued availability of withdrawal and deposit facilities across the country.

DUBBO, NSW, Australia–As is often the case in the United States, there is a sharp debate underway in Australia over how long people should serve on credit union boards.

DAVOS, Switzerland — Central bankers and regulators from around the world are expressing doubts about the stability of stablecoins and whether cryptocurrencies actually act like currencies.