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Credit unions are rightly proud of the “army of cooperators”—as they are sometimes called by the zealous—and the “advocates”—as they are more often referred to by the trade associations—who will be descending this week on Washington as part of the CUNA’s GAC.

WASHINGTON—A new bill that would prohibit the use of a central bank digital currency (CBDC) has been introduced in the House by Rep. Tom Emmer (R-MN). Separately, NAFCU’s executive team held a meeting with NCUA’s vice chairman.

BOCA RATON, Fla.–Benson Porter, the recently retired president and CEO of BECU and prior to that First Tech Credit Union has been named as an executive advisor to Black Dragon Capital.

WASHINGTON—The Federal Trade Commission has launched a new Office of Technology it said is aimed at strengthening its ability to keep pace with technological challenges in the digital marketplace by supporting the agency’s law enforcement and policy work.

LONDON—Members of the European Parliament (MEPs) have outlined plans for an E.U.-wide digital identity framework providing EU citizens with digital access to key public services across EU borders.

PURCHASE, N.Y.— Mastercard is partnering with the world’s largest crypto exchange, Binance, to launch a prepaid crypto card in Latin America.

ST. LOUIS– Together Credit Union said it is partnering with Major League Soccer’s St. Louis CITY SC on a new community-driven program called “Saves for Savings.”

WASHINGTON–In one of the most eloquent descriptions ever heard of credit unions and the work they do, a CU audience here was told to not just make waves but to “splash, splash,” to spark new delight, and to really understand they own the “new gold in the digital world.”