Latest: Fintech News
Cryptocurrency influencer Carl Runefelt says Bitcoin will hit $100,000 this year, and rise as high as $500,000 in 2023.
China's central bank imposed a 22.37 million yuan ($3.5 million) fine on MYBank, the online bank backed by Ant, for breaching rules on credit scoring management and deals with unidentified clients
Encouraged by a flurry of Southeast Asian tech start-ups seeking funding, Singapore may list up to a dozen SPACs in the next 18 months
Universities in Hong Kong are offering a variety of postgraduate programmes developed by different departments to boost people's knowledge of financial technology, or fintech
GlobalWafers said total capital expenditure may hit T$100 billion ($3.6 billion) between 2022 and 2024, including 'substantial greenfield investments'
Industry says tax will dent crypto trading volumes and drive small traders towards informal person-to-person trading and decentralised exchanges
In its second earnings since it went public last year, Paytm posted a consolidated net loss of 7.79 billion rupees ($104.42 million) for the quarter ended December
At present, most account holders of private banks are unable to directly buy crypto assets through their bank accounts or credit cards.
Monetary Authority of Singapore asserted that all parties must shoulder their responsibility in fighting scams.
The America COMPETES Act aims to increase US competitiveness with China and boost US semiconductor manufacturing. Now comes the difficult task of reconciling with the Senate version.
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AF Fintech Insights
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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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