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Latest: Fintech News

US SEC Delays Decision to Approve Grayscale Bitcoin ETF
US SEC Delays Decision to Approve Grayscale Bitcoin ETF

Grayscale, with $45 billion in assets under management, had said it plans to convert its Grayscale Bitcoin Trust into a spot bitcoin ETF

US Greenlights Google and Meta Use of Asian Undersea Link
US Greenlights Google and Meta Use of Asian Undersea Link

The companies committed to protect the privacy and security of Americans' data, particularly against China's intelligence operations

China Set to Ban Offshore Online Brokerages as Crackdown Widens
China Set to Ban Offshore Online Brokerages as Crackdown Widens

Firms such as Futu Holdings and UP Fintech Holding would be hit by block on mainlanders trading securities in US and Hong Kong

Secret Origins of World’s Biggest Crypto Casino – The Age
Alibaba Aims for $100bn SE Asia Volume – The Information
Cryptocurrency Scams Steal $7.7bn as Losses Hit New Record
US to Consult Allies Over Ban on Sales to China’s SMIC
China’s Tsinghua Unigroup Hits Back at Chairman Over Restructuring
Meta Labels India, China Groups as ‘Cyber Mercenaries’
Crypto Investor Katie Haun Leaving Andreessen Horowitz – Axios

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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