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Com TW NOw News 2024

Year: 2024

Peru Publishes VASP Regulation, Tightens AML/TF Requirements

Peru’s Superintendence of Banking and Insurance (SBS) has issued a resolution that forces VASPs to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures as part of a compliance plan. The resolution is in line with FATF recommendations and…

Gemini Co-Founder Criticizes Kamala Harris Over “Crypto Reset Scam” – Details

Gemini co-founder Tyler Winklevoss has accused US Vice President and Democratic presidential candidate Kamala Harris of announcing a fake reset of the Biden administration’s and the US Democratic Party’s supposed “anti-crypto” policies. This development follows several other events in the…

IBM’s new ‘Lightweight Engine’ could be a game changer for fintech

JP Morgan recently rolled out ChatGPT to 60,000 employees, demonstrating the demand for generative AI in financial services.

Economist Art Laffer criticizes US economic policy and warns of dollar’s decline as global reserve currency

Economist Art Laffer, known for his work on supply-side economics, expressed his concerns about the future of the US dollar in a recent interview. Laffer argues that current US economic policies are leading to the dollar’s ​​decline, making it less…

Solana Gains Ground on Ethereum and Bitcoin in 2024

The past week has been a hot topic among market watchers about solana’s performance against BTC, especially when compared to ether. Since the beginning of the year, ether has fallen by more than 20% against the leading cryptocurrency, while solana…

Ethereum Bullish Pennant Reappears on Lower Timeframe, This is the Target

Crypto analyst Ali Martinez emphasized a bullish indicator which has reappeared on the Ethereum chart. Based on this development, the analyst has issued a price target that the crypto token could come soon enough. Bull Pennant Forms on Ethereum Chart…

Morgan Stanley Faces Increased Regulatory Risks Following Bitcoin ETF Offering

John Reed Stark, former head of internet enforcement at the SEC, has said Morgan Stanley’s latest move to offer Bitcoin exchange-traded funds (ETFs) to its clients on a large scale will likely lead to increased scrutiny from the US banking…

Researchers Discover 10 Flaws in Google’s File Transfer Tool Fast Share

August 10, 2024Ravie LakshmananVulnerability / Mobile Security As many as 10 vulnerabilities have been discovered in Google’s Quick Share data transfer utility for Android and Windows that could be crafted to trigger a remote code execution (RCE) chain on systems…

IRS Unveils Revised Crypto Tax Form Without Address Disclosure Requirements

The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, with significant changes that potentially address previous criticism and privacy concerns. This new version, which will reportedly be partially implemented in 2025, removes…