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Latest: Fintech News

India Moves To Ban All Private Cryptocurrency
India Moves To Ban All Private Cryptocurrency

The Modi government in New Delhi said it will allow certain exceptions to the ban in order to promote underlying technology

Binance in Talks with Sovereign Wealth Funds: FT
Binance in Talks with Sovereign Wealth Funds: FT

Exchange faces pressure from regulators and believes investments from sovereign funds would improve 'perception and relationships'

Police Bust $156m Virtual Currency Scam: Xinhua
Police Bust $156m Virtual Currency Scam: Xinhua

Authorities in Jiangsu province received a tip-off from a person trapped in the scheme operated by an investment platform called BBGO

What Went Wrong With Buffett-Backed Paytm’s IPO?
VC Funds Make A Beeline To Tap India’s Startup Boom: Nikkei
Samsung To Pick Taylor, Texas, For $17bn Chip Plant: WSJ
Bank of Thailand Moves to Ease Debtors’ Woes
Prosus Profit Up on Tencent Stake, As E-Commerce Loss Grows
Ola Electric Delays E-Scooter Delivery Amid Chip Shortage: BS
Apple Christmas Sales In Asia At Risk of Supply Woes: Nikkei

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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