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Nalezeno "FX Unit": 542

GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...

IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract

11.9.2020
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency...

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro

13.8.2020
Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...

New Kenyan Digital Tax to Affect Crypto Platforms

8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia

29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....

Japanese Central Bank Creates Digital Currency Unit – Led by Satoshi!

20.7.2020
Source: Adobe/Юрий Дьяконов The central Bank of Japan (BoJ) has created a "Digital Currency Unit” as the nation heads toward a tentative central bank digital currency (CBDC) launch – and it’s being headed by a man named Satoshi. Per Reuters Japan, the BoJ has officially opened a specialized...

South Korean Central Bank Launches CBDC Legal Advisory Unit

14.7.2020
The Bank of Korea in Seoul. South Korea is once again intensifying the pace of its central bank digital currency (CBDC) progress – with a central bank-run team now investigating legal obstacles that might stand in the way of digital won issuance. Bitter political and financial rival Japan last week...

Binance China’s Presence ‘Grows’ as Unit Joins UN Sustainability Drive

19.6.2020
Multiple Chinese media outlets are reporting that Binance China’s influence is “growing” in the Middle Kingdom after the exchange’s domestic arm joined the United Nations Global Compact sustainability drive. The UN drive describes itself as a “non-binding pact to encourage businesses worldwide...

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall

16.6.2020
Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...

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