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Latest: Fintech News

Indian Crypto Exchanges to Brief Policymakers on Tax Tangle – ET
Indian Crypto Exchanges to Brief Policymakers on Tax Tangle – ET

Industry says tax will dent crypto trading volumes and drive small traders towards informal person-to-person trading and decentralised exchanges

India’s Paytm Net Loss Widens in December Quarter
India’s Paytm Net Loss Widens in December Quarter

In its second earnings since it went public last year, Paytm posted a consolidated net loss of 7.79 billion rupees ($104.42 million) for the quarter ended December

India Crypto Exchanges Ask Banks to Lift Hurdles – ET
India Crypto Exchanges Ask Banks to Lift Hurdles – ET

At present, most account holders of private banks are unable to directly buy crypto assets through their bank accounts or credit cards.

Singapore’s MAS to Issue Framework on Sharing Scam Losses – ST
US House Passes China Competition Bill Along Party Lines
Malaysian Artist Explains Why Fortunes Are Spent on NFT Art
Thailand’s Gulf Energy to Seal Crypto JV with Binance Exchange
Australian Billionaire Sues Facebook Over Crypto Scam Ads
SoftBank Investors Brace for Earnings Amid Sliding Valuations
Taiwan to Use Technology to Build Global Ties – FT

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