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PURCHASE, N.Y.—Mastercard has been awarded several new blockchain patents, continuing its trend of embracing distributing ledger research even as it expresses open hostility to Bitcoin and other cryptocurrencies.

ALBANY, N.Y.—The New York State Department of Financial Services (DFS) has issued guidance to New York state-chartered banks and credit unions to offer banking services to medical marijuana businesses licensed under the New York State medical marijuana program (Registered Organizations) and to industrial hemp businesses participating in the New York State industrial hemp research program (Research Partners).

WASHINGTON—The Bureau of Consumer Financial Protection is being urged to partner with the National Credit Union Foundation to improve consumer financial literacy.

BRUSSELS, Belgium—The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has released a 30-page report on cryptocurrency titled “Virtual Currencies and Central Banks’ Monetary Policy: Challenges Ahead.”

WALTHAM, Mass.– RTN Federal Credit Union hosted a Business Networking Event at LeLacheur Park, the home field of the Lowell Spinners. RTN brought together representatives of its select employer groups (SEGs) and business partners for an evening of networking, barbecue, and baseball fun, with the Spinners playing the Staten Island Yankees. 

LONDON–London Mutual Credit Union has launched a dedicated new financial support service for military personnel. The service launched in conjunction with Armed Forces Day.

GIG HARBOR, Wash.–BECU announced it will open a Neighborhood Financial Center here in 2019.

EDMONTON, Alberta–Servus Credit Union here announced it has entered into a three-year deal with the Edmonton Eskimos of the Canadian Football League to become the official “un-bank” of the Green and Gold and 2018 Grey Cup Festival.

SAN DIEGO–A record number of teams have entered the 2018 XDI Credit Union Chili Challenge.

MADISON, Wis.–Two new white papers have been published by two different CUNA Councils.