News

Monetary Board Maintains Policy Settings

PDate: 11/16/2023
Content: ​At its meeting on monetary policy today, the Monetary Board decided to keep the BSP’s Target Reverse Repurchase (RRP) Rate unchanged at 6.50 percent. Accordingly, the interest rates on the overnight deposit and lending facil...
Read More
News
16 Nov 2023

Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules

Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect the digital asset ecosystem. The letter specifically concerns taxation rules advanced by the Treasury on Aug. 25. In today’s letter, lawmakers called the […]
The post Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules appeared first on CryptoSlate.
Read More
Cryptocurrency
16 Nov 2023

Microsoft unveils new AI chip ‘Maia’ in collaboration with OpenAI

Microsoft has unveiled a new chip that is intended for use in artificial intelligence (AI) applications in a news post published on Nov. 15. The company said that it unveiled the chip, named the Azure Maia 100 AI Accelerator, at its Microsoft Ignite conference on the same day. It said that the Maia 100 chip […]
The post Microsoft unveils new AI chip ‘Maia’ in collaboration with OpenAI appeared first on CryptoSlate.
Read More
Cryptocurrency
15 Nov 2023

: Exxon plans Wall Street update on Dec. 6

Exxon Mobil Corp. XOM said late Wednesday it aims to update investors on a call and presentation on Dec. 6, starting at 10 a.m. Eastern. Presenters include Chief Executive Darren Woods and Chief Financial Officer Kathy Mikells. The presentation and exe...
Read More
News
15 Nov 2023