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Latest: Fintech News

Russia’s Kaspersky, China Telecom Firms in US Security Threat List
Russia’s Kaspersky, China Telecom Firms in US Security Threat List

US has long said running Kaspersky software could open networks to malign activity from Moscow and had banned its flagship antivirus product from federal networks in 2017

Thai Central Bank Plans Rules on Virtual Banks, Open Banking
Thai Central Bank Plans Rules on Virtual Banks, Open Banking

Thailand's central bank said on Friday it is planning new policy guidelines for the banking sector, including virtual banks and open banking, for later this year

Bank of Japan to Move to Second Phase of Digital Yen Project
Bank of Japan to Move to Second Phase of Digital Yen Project

While the BOJ had made no decision yet whether to issue its own digital currency, its governor told parliament it was proceeding with experiments

China Puts its Weight Behind Swappable Car Batteries
China’s JD Logistics Plans to Raise $1.1bn in Share Sale
New Zealand Media Firm NZME Seeks Google Content Deal
Okta Says Hackers Might Have Seen Data – The Information
Will Taiwan Chip Engineers be Key to Tech Supremacy? – SCMP
BlackRock CEO says Ukraine War May Accelerate Digital Currencies
China, India Attract ‘More Than Their Fair Share’ of VC Funds

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