Latest: Fintech News
Central American nation became the first in the world to allow consumers to use cryptocurrency in all transactions, alongside the US dollar
China's 2021 fiscal revenues rose 10.7% to 20.25 trillion yuan ($3.2tn). Vice Finance Minister Xu Hongcai said greater tax and fee cuts would be unveiled in 2022 to relieve pressure on economy
Cyberspace Administration of China launches "clean cyberspace" campaign to target online abuse, 'chaos' and 'money worship'
Australian PM Scott Morrison has been blocked from his WeChat account. Tencent said it may be 'a dispute over account ownership' while colleagues say it is 'foreign interference'
The attack targeted YouTube crypto channels globally and comes at a time the cryptocurrency market is in turmoil
SoftBank-backed Blinkit and rival Zepto are taking on the likes of Amazon, Walmart's Flipkart and Reliance with the promise of 10-minute deliveries
US president Jo Biden says the Innovation and Competition Act is key to the country’s economic competitiveness and national security
The pressure keeps piling on the Indian payments giant which after its IPO debacle must now deal with gloomy predictions about its future revenues
Motorsports tycoon reportedly concerned that a group of Asian investors, including Vitasoy heiress Karen Lo, that recently bought into Playtech, would block the deal
CCTV documentary alleged private companies made “unreasonably high payments” to the brother of former CCP head in Hangzhou in return for policy incentives and support in buying real estate
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Fintech: The Big Picture
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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