Israel: Financial Services Firm GMT Joins RippleNet

GMT, which describes itself as Israel’s “largest” financial player, is joining Ripple’s network, alongside names such as MoneyGram. Israel-based financial services firm GMT has joined Ripple’s bank and payment provider network, the company confirmed in a recent press release. The result of a “long and precise process,” the move reportedly will help the company remain […]

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U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins

A U.S. citizen has pled guilty before a federal court to operating an unlicensed money transmitting business, in connection with his peer-to-peer Bitcoin sales. A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29. […]

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