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Latest: Fintech News

Bank of Russia Reiterates Opposition to Cryptocurrencies
Bank of Russia Reiterates Opposition to Cryptocurrencies

Bitcoin fell after central bank governor said: "We are advocating for Russia's financial infrastructure not to be used for investments in cryptocurrencies"

US SEC Delays Decision to Approve Grayscale Bitcoin ETF
US SEC Delays Decision to Approve Grayscale Bitcoin ETF

Grayscale, with $45 billion in assets under management, had said it plans to convert its Grayscale Bitcoin Trust into a spot bitcoin ETF

US Greenlights Google and Meta Use of Asian Undersea Link
US Greenlights Google and Meta Use of Asian Undersea Link

The companies committed to protect the privacy and security of Americans' data, particularly against China's intelligence operations

China Set to Ban Offshore Online Brokerages as Crackdown Widens
Secret Origins of World’s Biggest Crypto Casino – The Age
Alibaba Aims for $100bn SE Asia Volume – The Information
Cryptocurrency Scams Steal $7.7bn as Losses Hit New Record
US to Consult Allies Over Ban on Sales to China’s SMIC
China’s Tsinghua Unigroup Hits Back at Chairman Over Restructuring
Meta Labels India, China Groups as ‘Cyber Mercenaries’

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