The U.S. National Credit Union Administration says federally insured credit unions can partner with third-party digital asset service providers, according to a statement. This includes third-party provided services to allow FICU members to buy, sell and hold uninsured cryptocurrencies with the provider outside of the FICU. Additionally, the federal regulator says further guidance may be necessary as cryptos evolve. Meanwhile, bitcoin (BTC-USD -2.0%) flips back into negative territory towards the evening, now changing hands below $48K per token. Earlier, the Bank of Russia said it wants to ban crypto investments in the country.
