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Latest: Fintech News

Crypto Crash May Prompt Tighter China Curbs – Economic Daily
Crypto Crash May Prompt Tighter China Curbs – Economic Daily

China may have to strengthen already stringent cryptocurrency rules following the TerraUSD stablecoin collapse, the report said

Elon Musk Hints at Unveiling Tesla Humanoid Robot Prototype
Elon Musk Hints at Unveiling Tesla Humanoid Robot Prototype

The second annual Tesla AI Day had been scheduled for August 19 but Musk said it would be pushed back to September 30

Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’

The Commodity Futures Trading Commission seeks "disgorgement of ill-gotten gains", civil monetary penalties and an injunction against further violations of the Commodity Exchange Act

Digitalisation is Key to Japan Success, Says IMF Report
VPN Operator Pulls Servers Out of India Over New Data Rules
Amazon to Shut Down Kindle E-Book Business in China
China Cybersecurity Rules Seen as Big Risk For Finance Firms
Ant Group Names HKEX Chair Laura Cha to Board
India Aims to Break Amazon, Walmart’s Grip on E-Commerce
US Charges OpenSea Ex-Employee With NFT Insider Trading

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