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Latest: Fintech News

Panic Grips Crypto Sector as Bitcoin Hovers Near $20,000
Panic Grips Crypto Sector as Bitcoin Hovers Near $20,000

The crypto sector was fearful on Monday as investors worried that contagion from problems linked to several large crypto players may lead to a major shakeout if not contained.

How China’s Digital Yuan is Different From Bitcoin – SCMP
How China’s Digital Yuan is Different From Bitcoin – SCMP

CBDCs such as China's digital yuan (e-CNY) are centralised by design and don't need a decentralised ledger, such as in the case of bitcoin

Bitcoin Crashes Below $20,000 As Crypto Meltdown Continues
Bitcoin Crashes Below $20,000 As Crypto Meltdown Continues

The biggest cryptocurrency is down about 32% over the past month and almost 60% this year

JD Exec Says China Tech Oversight Now More Rational – CNBC
Musk Sued for $258bn Over Dogecoin ‘Pyramid Scheme’
Sony, Honda Joint Venture to Roll Out Electric Cars by 2025
TSMC to Forge Ahead With State-of-the-Art Chipmaking Tool
Microsoft Ends Explorer Browser Support, Worrying Japan
Chinese Companies Aggressively Pursue IP Rights – FT
India to Spend Big on Tech So It Isn’t a ‘Hostage’ – Nikkei

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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