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Latest: Fintech News

Crypto Crash Prompts Korea to Hasten Oversight Panel: Report
Crypto Crash Prompts Korea to Hasten Oversight Panel: Report

South Korean Do Kwon co-founded TerraUSD and Luna, two cryptocurrencies that crashed last month, causing mayhem across the industry.

Indian Video App ShareChat Wins $300m from Google, Temasek
Indian Video App ShareChat Wins $300m from Google, Temasek

If the bid by Elon Musk to buy Twitter goes through, the Tesla chief executive will have potentially a stake of between 6% and 8% in the short video app

Stablecoin Crash Caused By Just Seven Traders, Report Says
Stablecoin Crash Caused By Just Seven Traders, Report Says

"We refute the popular narrative of one 'attacker' or 'hacker' working to destabilise UST," Nansen's principal research analyst Aurélie Barthère and colleagues said in the report.

Taiwan Tech Firms Step Up Cooperation in Japan – Nikkei
Carbon Neutral Bitcoin ETF Rejected by US Regulator
Wirecard Shortseller Targets India Edtech Byju’s – Morning Context
Shenzhen Using Digital Yuan to Boost Covid-Hit Economy
Rubio Warns on Surveillance Firm With China Ties – Protocol
China’s Zero-Covid Policy a Bonanza for Testing, Building Firms
US, China Firms Vie For Slice of ASEAN Data Centre Market – ST

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