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Latest: Fintech News

El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds
El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds

The city is being planned in the east of the Central American country and would get its energy supply from a volcano

India To Consider New Cryptocurrency Tax In Budget: PTI
India To Consider New Cryptocurrency Tax In Budget: PTI

India may change income tax laws in its annual budget in February to bring cryptocurrencies under the tax net, PTI reported

Australia Calls For Global Rules To Limit Misinformation
Australia Calls For Global Rules To Limit Misinformation

But Facebook’s head of global affairs Nick Clegg tells Sydney Dialogue panel it is up to governments to set rules on fake or misleading news

Alibaba Shares Plunge 10% After Earnings Slump, Slow Growth Warning
China’s JD.com Warns of Tougher Second Half
Global Trade Finance Needs Reform, Says New Report
Paytm’s Shares Plunge 27% On Indian Exchange Debut
Huawei Vows to Power Asean’s Digital Economy: Bangkok Post
Goodbye, Staples Center. Hello, Crypto.com Arena: LA Times
China Planner Reaffirms Crypto Mining Bans: Securities Times

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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