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Central Bank In Russia Skeptical Of National Crypto Benefits

PYMNTS

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. The regulator made the remarks at the Finopolis forum of innovative financial technologies.

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Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30 Days; Singapore’s Grab Considers US IPO

PYMNTS

Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion. Grab, the Singapore-based financial technology firm, is reportedly considering a U.S. Western Union allows for cross-currency, international transfers in 200 nations and territories. IMF Head Calls For Resources To Help Indebted Countries.

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US Government Sees The Benefits Of Blockchain

PYMNTS

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation.

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Russian Central Bank Says ‘Nyet’ To Digital Crypto

PYMNTS

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. The regulator made the remarks at the Finopolis forum of innovative financial technologies.

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Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With Amazon On Video

PYMNTS

Plus, the United Kingdom and the European Union are set to begin discussions on financial services sector regulation now that Brexit has been affected. Globe Fintech Innovations of the Philippines, which is Globe Telecom’s financial technology division that runs the GCash digital wallet, has raised $175 million in further venture funding.

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US bank regulator allows fintech firms to seek federal charter

The Paypers

(The Paypers) US Office of the Comptroller of the Currency has announced it would start accepting national charter applications from financial technology companies.

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