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Latest: Fintech News

US Regulators Vow to Set Banks’ Crypto Rules Next Year
US Regulators Vow to Set Banks’ Crypto Rules Next Year

US banking regulators said on Tuesday they intend to clarify next year the role that traditional banks can legally play in the cryptocurrency sector.

Samsung Picks Texas To Host New $17bn Chip Unit
Samsung Picks Texas To Host New $17bn Chip Unit

South Korean tech giant says it chose Texas because of its infrastructure stability, government support and proximity to its existing plant in Austin

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
India Moves To Ban All Private Cryptocurrency
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

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