BIGcast

Glen speaks with Lamont Black- a DePaul University banking professor and a go-to resource for credit unions- about Bitcoin’s recent bumps in the pricing road and why he remains optimistic about the future of digital assets. Also, a first look at the Senate’s proposed cryptocurrency bill. 

Links related to this episode:

Lamont Black’s website: https://lamontblack.com/

A summary of the Responsible Financial Innovation Act proposed by Senators Lummis and Gillibrand:  https://finance.yahoo.com/news/senators-unveil-crypto-regulation-proposal-112104967.html

The NCUA’s May 26 letter clarifying use of distributed ledger technology: https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/federally-insured-credit-union-use-distributed-ledger-technologies

Our interview with UNIFY Credit Union CEO Gordon Howe on its crypto rollout: https://www.big-fintech.com/Media/BIGcast/ArticleID/819/Credit-Unions-and-Crypto-Direct-from-the-Source

Demystify your members’ use of crypto- contribute anonymized data to BIG’s industry-wide effort tracking deposit outflows to crypto exchanges. Participating CUs will receive a complimentary report comparing their members’ activity to industry averages:   https://www.cucrypto.report/

Follow the Best Innovation Group on Twitter: @bigfintech

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Follow John on Twitter @jbfintech