CUNA Engaged with Blockchain Hearing this Week

The Senate is in session this week for what is expected to be the final time before Labor Day. The House adjourned Friday and is scheduled to return September 9.

CUNA will be engaged with a Senate Banking Committee hearing scheduled for Tuesday (10 a.m.) titled “Examining Regulatory Frameworks for Digital Currency and Blockchain.”

CUNA supports the use of blockchain’s distributed ledger technology, and along with the Mountain West Credit Union Association and Best Innovation Group, coordinated the founding of CULedger by CUNA Strategic Services and Credit Union Strategic Partners.

CULedger is a credit union-owned credit unions services organization that focuses on delivering one-to-one digital exchange for credit unions.