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Latest: Fintech News

Payments Billionaire Announces 3 More SpaceX Flights
Payments Billionaire Announces 3 More SpaceX Flights

The first, named Polaris Dawn, will take place no sooner than the fourth quarter of this year and will be commanded by Isaacman, founder of Shift4

Stablecoins Could be Safe Haven in ‘Market Distress’, Say Fed Scholars
Stablecoins Could be Safe Haven in ‘Market Distress’, Say Fed Scholars

A narrow bank approach for digital currencies can lead to disintermediation of traditional banking, but may provide the most stable peg to fiat currencies

Crypto Groups Take Top Slots at Super Bowl – FT
Crypto Groups Take Top Slots at Super Bowl – FT

Media buyers rushed to book slots for the Los Angeles Rams’ victory over the Cincinnati Bengals, in contrast to a subdued event last year

China’s Foreign Inflows Rise 11.6% in January – Xinhua
TSMC Japan Chip Factory Plan Expanded As Denso Takes Stake
RBI Deputy Governor In Favour of Crypto Ban – Mint
Foxconn Teams Up With Vedanta To Make Chips In India
AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal
Global Chip Sales Top 1tn in 2021, Set to Go Higher
American Companies That Failed in China

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