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Latest: Fintech News

China Technology Blacklist to Tighten VIE Rules: FT
China Technology Blacklist to Tighten VIE Rules: FT

Beijing targets new companies in sensitive sectors that use variable interest entities to attract international capital and list overseas

Hong Kong’s WeLab to Launch Indonesian Digital Bank
Hong Kong’s WeLab to Launch Indonesian Digital Bank

Indonesia has about "180 million tech-savvy younger consumers" and is one of the largest financially underserved markets in Asia

Australia to Create Crypto Licensing Framework
Australia to Create Crypto Licensing Framework

The country will also broaden online transaction laws to cover Apple and Google, as well as buy-now-pay-later providers such as Afterpay

Europe Overtakes China in Unicorn Creation: WSJ
Australia Looks at Syndicated Loan Role for Blockchain
Malaysia Appeals Court Upholds Najib Razak’s 1MDB Conviction
Apple’s iPhone Production Falls Behind Schedule
Netflix, Robinhood Hit as Global Outage Disrupts Amazon’s Cloud
Binance Labs Leads Seed Round for BBS: CityAM
Apple Signed Secret $275bn Deal with China: The Information

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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