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Latest: Fintech News

Crypto Crash Victim Celsius Seeks Restructuring
Crypto Crash Victim Celsius Seeks Restructuring

Extreme volatility in digital asset markets prompted the freeze, leaving its 1.7 million customers unable to redeem their holdings

China’s Big Tech Groups Pledge to Help Ban NFT Trading
China’s Big Tech Groups Pledge to Help Ban NFT Trading

Tencent Holdings, Ant Group, Baidu and JD.com are among signatories to a pact to stop secondary trading in NFTs and other digital collectibles

China Regulator Issues Rules on Sending Personal Data Abroad
China Regulator Issues Rules on Sending Personal Data Abroad

Companies that collect personal data will be responsible for assessing if it needs to be protected when it is transferred overseas, under new rules drafted by the China's government regulator

US FCC Member Calls on Apple, Google to Dump TikTok App
China Hiring Uni Students for Industrial Espionage – FT
China’s SenseTime Shares Plunge 51% as Lock-up Expires
N Korea Hackers Prime Suspects in $100m Harmony Crypto Heist
Samsung Starts to Mass Produce Advanced 3-Nanometre Chips
US Military Aims to Counter China Propaganda – Defense News
Grayscale Sues US SEC Over Bitcoin ETF Rejection

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors