BTC $71,364.17 -4.31%
ETH $2,012.73 -3.11%
BNB $653.89 -4.69%
XRP $1.03 -2.85%
SOL $81.16 -4.43%
TRX $0.3154 -0.67%
DOGE $0.0657 -4.12%
ADA $0.1724 -2.87%
BCH $225.47 -2.58%
LINK $10.02 -3.59%
HYPE $71.73 -1.86%
AAVE $114.17 -7.27%
SUI $0.8011 -4.42%
XLM $0.1484 -1.03%
ZEC $949.95 -4.98%
AAPL $355.09 -0.09%
AMZN $267.62 +0.56%
GOOGL $299.39 +2.00%
MSFT $523.23 +0.54%
META $624.34 -0.99%
NVDA $166.19 -4.67%
TSLA $397.99 +1.79%
SNDK $939.83 -4.53%
INTC $61.42 -1.79%
SPCX $140.21 +0.04%
MU $804.19 -1.20%
AMD $585.98 +5.79%
BTC $71,364.17 -4.31%
ETH $2,012.73 -3.11%
BNB $653.89 -4.69%
XRP $1.03 -2.85%
SOL $81.16 -4.43%
TRX $0.3154 -0.67%
DOGE $0.0657 -4.12%
ADA $0.1724 -2.87%
BCH $225.47 -2.58%
LINK $10.02 -3.59%
HYPE $71.73 -1.86%
AAVE $114.17 -7.27%
SUI $0.8011 -4.42%
XLM $0.1484 -1.03%
ZEC $949.95 -4.98%
AAPL $355.09 -0.09%
AMZN $267.62 +0.56%
GOOGL $299.39 +2.00%
MSFT $523.23 +0.54%
META $624.34 -0.99%
NVDA $166.19 -4.67%
TSLA $397.99 +1.79%
SNDK $939.83 -4.53%
INTC $61.42 -1.79%
SPCX $140.21 +0.04%
MU $804.19 -1.20%
AMD $585.98 +5.79%

oi

All
Article
Flash

NVIDIA appointed 58-year-old Chief Financial Officer Colette Kress as interim CEO, who previously worked at Microsoft for 13 years

NVIDIA's board of directors announced today that co-founder Jensen Huang has resigned from his positions as President, Chief Executive Officer, and Director, effective immediately. The company's current Executive Vice President and Chief Financial Officer Colette Kress will serve as interim CEO while continuing to manage the company as CFO. The board has initiated the selection process for a new CEO, considering both internal and external candidates.The 58-year-old Kress joined NVIDIA in September 2013 and has been with the company for over 13 years, being one of the core management members who accompanied NVIDIA's growth from a graphics chip manufacturer to a global AI chip giant. During her tenure, NVIDIA's annual revenue grew from approximately $4.1 billion in fiscal year 2013 to $21.59 billion in fiscal year 2026.Before joining NVIDIA, Kress worked at Cisco for 3 years and spent 13 years at Microsoft, where she served as the financial leader of the Server and Tools division, and also worked at Texas Instruments for 8 years. She has long been responsible for NVIDIA's financial strategy, capital allocation, performance disclosure, and investor relations, serving as an important representative for the company in communications with Wall Street, and has participated in the company's quarterly earnings call multiple times.

first_img The Thai SEC plans to set the daily deposit and withdrawal limit for stablecoins at 5 million Thai Baht

According to Cointelegraph, the Securities and Exchange Commission (SEC) of Thailand has released a draft proposing that regulated cryptocurrency operators set a daily deposit and withdrawal limit of 5 million Thai Baht (approximately 148,000 USD) for each customer regarding stablecoins. This limit will be calculated separately for each operator, applying to both deposits and withdrawals. The regulatory body stated that this move aims to curb money laundering, cybercrime, and the evasion of cross-border fund transfer regulations.The draft also prohibits the transfer of stablecoins in and out of third-party wallets, requiring operators to verify that customers own the accounts or wallets used for deposits and withdrawals. Operators must also comply with the Travel Rule, which involves collecting and sharing information related to transfers and using blockchain analysis tools to identify wallet addresses associated with suspicious activities.Additionally, the draft requires cryptocurrency exchanges to disclose their list of market makers and specify the assets that these market makers provide liquidity for; cryptocurrency brokers are not allowed to use liquidity providers for trading pairs of stablecoins with Thai Baht; a minimum threshold of 3 million Thai Baht will apply to certain over-the-counter transactions. This draft continues the consultation initiated by the Thai SEC in September, during which it had already proposed limits on stablecoin transfers and recommendations for strengthening the regulation of cryptocurrency operators.
app_icon
ChainCatcher Building the Web3 world with innovations.