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Latest: Fintech News

Japan to Revise Forex Law to End Crypto Sanctions Loophole
Japan to Revise Forex Law to End Crypto Sanctions Loophole

Japan will revise its Foreign Exchange and Foreign Trade Act in the current parliamentary session to prevent sanction-busting by Russia via digital assets, the Cabinet secretary said

India Seeks to Block Shadow Banks Owned by Chinese – BS
India Seeks to Block Shadow Banks Owned by Chinese – BS

The probe agency has asked the Reserve Bank of India to cancel licences of shadow lenders which are owned by Chinese nationals based in Hong Kong

Elon Musk Giving ‘Serious Thought’ to New Social Media Platform
Elon Musk Giving ‘Serious Thought’ to New Social Media Platform

Tesla chief executive Elon Musk said in a tweet on Saturday he is giving "serious thought" to building a new social media platform, one that would prioritize free speech

Russia’s Kaspersky, China Telecom Firms in US Security Threat List
Thai Central Bank Plans Rules on Virtual Banks, Open Banking
Bank of Japan to Move to Second Phase of Digital Yen Project
China Puts its Weight Behind Swappable Car Batteries
China’s JD Logistics Plans to Raise $1.1bn in Share Sale
New Zealand Media Firm NZME Seeks Google Content Deal
Okta Says Hackers Might Have Seen Data – The Information

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