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Latest: Fintech News

India Insists on 30% Crypto Assets Tax – The Hindu
India Insists on 30% Crypto Assets Tax – The Hindu

Officials said that even investments in equity and debt instruments on stock exchanges which create value for the economy involve a levy

Crypto Platform Says $320m in Tokens ‘Safe’ Despite Hack
Crypto Platform Says $320m in Tokens ‘Safe’ Despite Hack

Wormhole, a DeFi platform that said $320 million in ether tokens had been stolen by hackers, put out a notice late on Thursday to say all tokens and funds were 'safe'

Infineon Reports Higher Chip Sales as it Plans Asia Boost
Infineon Reports Higher Chip Sales as it Plans Asia Boost

The German group, whose biggest customers are carmakers, also raised its revenue guidance for the current fiscal year to 13 billion euros

Putin Stresses China Business Ties in Pre-Visit Statement
Playtech Shareholders Reject $2.8bn Aristocrat Takeover
NFTs Create Money Laundering Opportunities, Report Shows
China Handset Makers Boost Profits at Qualcomm
Indian Policeman Arrested in $40m Crypto Kidnap Plot
Experts See Digital Rupee as a Boon – Deccan Herald
Japan Eyes Tighter Curbs to Thwart Cyberattacks

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