Latest: Fintech News
The Cyberspace Administration of China said on Thursday it had fined social media company Douban over an unlawful release of information, as Beijing steps up efforts to "clean up" the internet
The Indian government is set to debate a new law that will regulate digital currencies – and ban most crypto coins. This will hit millions of investors but also pave the way for a digital rupee
Creating the world’s first “AI casino”, with robot croupiers and cameras that can spot bad behaviour, was a flagship project for the firm
Weibo this month reported solid third-quarter results beginning with 30% year-on-year revenue growth to US$607 million
Having more domestic companies making computer chips would give the country more control over intellectual property, the executive argued
The authors say an update curtails the growth rate in ethereum supply and reduces the risk that token issuance eventually outpaces demand
Bank of Japan under pressure to shift from its cautious approach towards issuing a CBDC, as minister talks of 'security risk' of other countries issuing digital currencies
The Reserve Bank is also discussing the potential for a Central Bank Digital Currency to be issued along with banknotes
The scale of the sector is likely to exceed $470 billion by the end of 2025, with compound annual growth rate of about 25%
Ministry calls for improved cross-border security management of big data in a five-year plan put out on Tuesday. It comes as the country pushes its regulatory framework for data and tech
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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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