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Latest: Fintech News

Musk Criticises Binance Over Dogecoin Withdrawals
Musk Criticises Binance Over Dogecoin Withdrawals

Binance responded saying it is rebuilding its dogecoin wallet entirely, resulting in a delay in withdrawals that may continue another week

Singapore’s DBS Says Banking Services Hit For Second Day
Singapore’s DBS Says Banking Services Hit For Second Day

The disruption in its online banking services is the biggest faced by DBS in about a decade

India Moves To Ban All Private Cryptocurrency
India Moves To Ban All Private Cryptocurrency

The Modi government in New Delhi said it will allow certain exceptions to the ban in order to promote underlying technology

Binance in Talks with Sovereign Wealth Funds: FT
Police Bust $156m Virtual Currency Scam: Xinhua
What Went Wrong With Buffett-Backed Paytm’s IPO?
VC Funds Make A Beeline To Tap India’s Startup Boom: Nikkei
Samsung To Pick Taylor, Texas, For $17bn Chip Plant: WSJ
Bank of Thailand Moves to Ease Debtors’ Woes
Prosus Profit Up on Tencent Stake, As E-Commerce Loss Grows

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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