U.S. credit union group steps up role in stablecoin regulation talks

AmCU, the America’s Credit Unions association, is stepping up efforts to ensure credit unions are represented in stablecoin regulation discussions, Crypto Briefing reported. U.S. credit unions have sought equal treatment with banks for decades, and the push comes as congressional debate on stablecoin legislation advances and the cryptocurrency regulatory framework becomes more concrete. The group held a policy forum on Oct. 11, local time, with key agenda items including the regulatory environment for crypto and stablecoin interest and yield payments.