Latest: Fintech News
Company offered consumer-credit services that were widely popular among Chinese consumers and small businesses
India’s move to ban private cryptocurrencies leaves the door open for investments in its underlying technologies.
Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June
A consortium of about 70 Japanese firms, including the country's three mega-banks, aims to launch a yen-based digital currency in fiscal 2022 after trials in coming months
US banking regulators said on Tuesday they intend to clarify next year the role that traditional banks can legally play in the cryptocurrency sector.
South Korean tech giant says it chose Texas because of its infrastructure stability, government support and proximity to its existing plant in Austin
Binance responded saying it is rebuilding its dogecoin wallet entirely, resulting in a delay in withdrawals that may continue another week
The disruption in its online banking services is the biggest faced by DBS in about a decade
The Modi government in New Delhi said it will allow certain exceptions to the ban in order to promote underlying technology
Exchange faces pressure from regulators and believes investments from sovereign funds would improve 'perception and relationships'
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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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