Latest: Fintech News
The US said John Barksdale, a former resident of Thailand, lied about the value and profitability of Ormeus Coin's mining assets, including that the coin was backed by a $250m mining operation
Producer price index (PPI) increased 8.8% on year, the National Bureau of Statistics (NBS) said, easing from 9.1% growth in January and slightly higher than analysts expected
The geographic spread is becoming more diverse in recent years and the 2021 data shows that match-fixing is a global issue
The deal combines Dialog's IT capabilities and NCS's digital services to bolster focus on innovation, cloud, artificial intelligence and data analytics
Chinese tax experts cite digitalisation, mergers and acquisitions and divestures and lack of guidance from authorities as primary drivers of disputes
Rules allow traders to offset annual losses against gains for taxes due on cryptocurrency investments, and exempt a value-added-tax of 7% for cryptocurrency trading on authorised exchanges
Brad McEvoy of start-up Kademi said he was furious at OFX, formerly known as OzForex, for blocking payments to his Ukrainian workers
Raimondo said the US could “essentially shut” companies such as Semiconductor Manufacturing International Corporation or any Chinese company
Russia is facing a barrage of sanctions following its invasion of Ukraine. Governments are concerned it may use cryptocurrencies to evade them
A legal fight is raging to decide who gets the upper hand in one of the world's fastest-growing retail markets – India's Reliance or the US tech giant Amazon.com
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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