NAFCU President and CEO Dan Berger issues response to the White House release of the first-ever Digital Assets Framework

Dan Berger

“It is a known fact that innovation plays an integral role in the health and competitiveness of the financial services market. All financial institutions, especially credit unions, must have a clear regulatory framework to take advantage of such innovations, including digital assets. NAFCU understands that the development and use of digital assets has seen unprecedented growth in recent years. While we welcome clarity and guidance from the Biden Administration on how credit unions can integrate the use of digital assets into their services, we urge continued engagement with smaller financial institutions and ask that the NCUA remain a focal point when addressing feedback and concerns over the use of certain digital assets.” 

​- NAFCU President and CEO Dan Berger

---