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Latest: Fintech News

Taiwan’s TSMC Founder Meets Kamala Harris to Talk Microchips
Taiwan’s TSMC Founder Meets Kamala Harris to Talk Microchips

The two representatives discussed TSMC's new $12 billion microchip plant in the US state of Arizona

Hong Kong Crypto Retailer to Close as FTX Shockwave Hits
Hong Kong Crypto Retailer to Close as FTX Shockwave Hits

Genesis Block says it will be closing down its over-the-counter trading portal on December 10

Vanuatu Services Hit by Cyber Attack, Ransom Demand – BBC
Vanuatu Services Hit by Cyber Attack, Ransom Demand – BBC

Cyber attack on Vanuatu has greatly disrupted government services in the Pacific Island nation over the past two weeks

New FTX Chief Slates ‘Complete Failure of Corporate Control’
Singapore’s Temasek to Write Down $275m FTX Investment
India’s RBI Opens Accounts for Trade With Russia – IndiaTimes
India’s Paytm Shares Slump 10% as SoftBank Cuts Stake
Taiwan May Restrict More Sensitive Tech to Mainland – SCMP
Taiwan Mulls More Tax Breaks For Tech R&D to Keep Chips Lead
UK Blocks Chinese Takeover of Microchip Factory in Wales

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