Latest: Fintech News
Artificial intelligence firms targeted by the US are reportedly using third parties to get around chip export controls
The US crypto bank's shares halved in value, just a day after hitting a record low and have lost 64% since March 1
Last July, the RBI introduced a new mechanism to settle international trade in rupees, aiming to promote exports and facilitate imports
The Netherlands considers it necessary on national security grounds to get this technology into oversight with the greatest of speed, the Dutch trade minister said
The Narendra Modi-led administration, as part of its leadership of the G20 forum, has been pushing for a wider global agreement on dealing with the risks brought on by cryptocurrencies
Fintech firm Riskified is moving $500 million out of the country after news that business leaders shifted $4 billion abroad amid worry over the Netanyahu regime's contentious judicial reforms
TikTok hit back saying any “US ban on TikTok is a ban on the export of American culture and values to the billion-plus people who use our service worldwide”
Companies winning US chips subsidies would be barred from joint ventures or expansion in ‘foreign countries of concern’ like China for 10 years
Beijing is looking to streamline its regulatory oversight as well as build the foundations for digital development in the country
The ban could include components already built into the networks, requiring operators to remove and replace them
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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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