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Latest: Fintech News

China Chooses 15 Blockchain Tech Pilot Zones
China Chooses 15 Blockchain Tech Pilot Zones

Apart from the pilot zones, 164 entities, including hospitals, universities and companies, were chosen to deploy and test the technology

Singapore Drugmaker Launches Blockchain-Based Verifier
Singapore Drugmaker Launches Blockchain-Based Verifier

The company said governments and private customers can instantly verify the provenance and authenticity of vaccines and other drugs

BharatPe Said to Be Terminating Cofounder Ashneer Grover
BharatPe Said to Be Terminating Cofounder Ashneer Grover

The decision, Indian media reported, is based on a preliminary internal investigation of the Paytm rival that has yielded indications of financial fraud

IndusInd Bank 3rd-Quarter Profit Rises 36% – Times of India
US SEC Approves Blockchain-Backed Stock Exchange
US House Set to Debate Competition Bill Aimed at China
Singapore’s GIC to Invest $525m in 2 Korea Data Centres
Marcelo Claure To Leave SoftBank Group – WSJ
China Telecom to Roll Out 5G Messaging – Caixin
SK Hynix Sees Supply Woes Improving From July, More Chip Demand

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