3133-AF39 202504 Unified Agenda of Federal Regulatory and Deregulatory Actions 3133 National Credit Union Administration NCUA Digital Assets and Related Technologies

The NCUA Board published a Request for Information on July 27, 2021, to solicit information regarding a wide range of issues pertaining to decentralized finance, digital assets, and the use of distributed ledger technology as they relate to the credit union industry. The NCUA subsequently issued two Letters to Credit Unions relating to digital assets and distributed ledger technology. Recently, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation issued guidance that clarifies that their regulated institutions may generally engage in certain permissible activities relating to digital assets without receiving prior approval. The Board is considering action to further clarify that federally insured credit unions do not need NCUA prior approval to engage in permissible digital asset related activities done in a safe and sound manner.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage Undetermined No Not subject to, not significant 12 CFR 701 12 U.S.C. 1756 12 U.S.C. 1784 No ANPRM 07/27/2021 86 FR 40213 ANPRM Comment Period End 09/27/2021 NPRM 04/00/2026 Undetermined No Undetermined Undetermined No https://www.ncua.gov/regulation-supervision/rulemakings-proposals-comment No No Thomas Zells I. Senior Staff Attorney 3133 National Credit Union Administration NCUA 703 548-2478 703 518-8566 tizells@ncua.gov 1775 Duke Street, Alexandria VA 22314