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Binance has earlier faced challenges in Singapore, where several crypto exchanges have received central bank approval to offer payment services
China has a 'stunning lead' in most of the 44 critical emerging technologies, an Australian Strategic Policy Institute study said, adding that democratic nations need to collaborate more
Washington wants to coordinate support for possible restrictions with close allies but it was not clear what sanctions it would propose if China is found to provide military aid to Russia, sources said
Washington has also banned beneficiaries of the $39bn CHIPS and Science Act from using the cash for share buybacks
Investors have been cashing in their Binance USD tokens since the US Securities and Exchange Commission said it was considering taking action against the platform
Huawei emerged after three years of Covid restrictions with a grand return to the global stage, Nikkei said
"We'll take the advice of our national security agencies. That hasn't been the advice to date," Treasurer Jim Chalmers said
GoerTek deputy chairman Kazuyoshi Yoshinaga claims US tech firms regularly question the firm’s China supply lines
India accounted for almost half of the world's internet shutdowns last year, while the Russian military also cut online services in Ukraine, internet watchdog group Access Now said
A US official also told a Congressional hearing that some tech shipments to China’s blacklisted telecom equipment maker Huawei were “under assessment”
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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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