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WASHINGTON– As it prepares to celebrate five years of Underground Collisions at an event in Washington, D.C., and the engagement of hundreds of thought-leaders, Mitchell Stankovic, the meeting’s host, has issued a statement saying thank you to everyone who has participated as well as thanking five core sponsors.

LONDON—The Financial Conduct Authority (FCA), which regulates U.K. businesses that offer services for digital assets, has sent written evidence to the U.K. Treasury Committee that suggests 85% of U.K. companies requesting registration of digital assets did not adhere to minimum AML requirements.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is being asked by CUNA to reconsider its position in its beneficial ownership information (BOI) access and safeguards proposal in a letter sent this week.

WASHINGTON–The walls are “closing in around crypto,” according to one new report.

LONDON—Continuing the trend of big banks closing branches while CUs expand them, NatWest plans to close 23 of its physical facilities in England and Wales.

WASHINGTON—Federal Reserve Governor Christopher Waller is predicting crypto prices could fall to zero, saying crypto investments are “as speculative as baseball card investing.” Waller’s prediction comes at the same time Bitcoin hit a six-month high of $24,620 as of Feb. 16.

SNELLVILLE, Ga.–The African American Credit Union Coalition will host a webinar titled “Celebrating the Intersectionality of Icons in the Credit Union Industry” as part of its Friday Conversation series. The webinar is scheduled for today from 1-2 p.m.