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Latest: Fintech News

PBoC Working on Digital Yuan Issues: Securities Times
PBoC Working on Digital Yuan Issues: Securities Times

Central bank governor Yi Gang says management model prioritises settlement efficiency, privacy protection and anti-counterfeiting

Unity Buys Studio Behind ‘Lord of the Rings’: WSJ
Unity Buys Studio Behind ‘Lord of the Rings’: WSJ

Unity Software known for developing engine used as platform for Pokémon Go said it would expand workforce beyond present 275 engineers

Bitcoin And Ether Break Records As Crypto Inflows Soar
Bitcoin And Ether Break Records As Crypto Inflows Soar

The top cryptocurrency, bitcoin, is more than 1,680% higher than its March 2020 low as cryptos’ total market capitalisation passes $3 trillion

Tencent And Alibaba Set For Profit Drops As Crackdowns Bite
Buffett-Backed Paytm Kicks Off India’s Biggest IPO
Paytm IPO Opens Today; Valuations Lofty, Say Analysts – Mint
Japan Plans To Subsidise Domestic Chip Output – Nikkei
Samsung Won’t Hand Over Sensitive Data To US Chips Probe
China Mobile Wins Nod for Shanghai Share Sale
Meet The Finfluencers: The TikTok Investment Gurus

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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