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Latest: Fintech News

5G Handsets Dominate China’s Phone Shipments in November – Xinhua
5G Handsets Dominate China’s Phone Shipments in November – Xinhua

In November, China reported 5G phone shipments of 28.97 million units, a year-on-year increase of 43.9%

Japan to Bolster Cyber Defences at Key Companies: Nikkei
Japan to Bolster Cyber Defences at Key Companies: Nikkei

Tokyo will urge corporate managers to take the lead in making organisational changes and devising these plans, in addition to ensuring equipment is secure

Japan’s SBI Group Launches Crypto Asset Fund
Japan’s SBI Group Launches Crypto Asset Fund

SBI Group will require potential investors to be 20 to 70 years old and submit an application to purchase seven types of cryptocurrency

Bitcoin’s Price Surge Leaves Gold in the Dust – FT
Bank of Russia Reiterates Opposition to Cryptocurrencies
US SEC Delays Decision to Approve Grayscale Bitcoin ETF
US Greenlights Google and Meta Use of Asian Undersea Link
China Set to Ban Offshore Online Brokerages as Crackdown Widens
Secret Origins of World’s Biggest Crypto Casino – The Age
Alibaba Aims for $100bn SE Asia Volume – 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