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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How One Project is Fighting Fake ICO Reviews Using AI and Blockchain

sponsored Version 1.0 of the platform was launched to change the process of collecting reviews from customers, by means of blockchain technology. On October 24, Revain, a service for collecting customer reviews, released a full-scale working 1.0 version of its Ethereum-based platform. As the project team reported to Cointelegraph, the 1.0 version is completely blockchain-based, […]

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Bank Of America Automates FX Conversion For Smaller FIs

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. The new solution, AutoFX, aims to make it easier for smaller banks to streamline cross-border payments for their customers by automating foreign exchange conversion before the transaction occurs, […]

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IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks

Japanese IT firm Fujitsu will develop the basis of a trial settlements system using an unknown digital currency to move funds. Japanese multinational IT equipment and services company Fujitsu will build an interbank settlement platform using blockchain technology as part of a joint project with nine domestic banks, Cointelegraph Japan reported Monday, Oct. 29. Aiming […]

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Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform

Hitachi Payments has partnered with the State Bank of India to establish a nationwide digital payments platform. Hitachi Payments has partnered with the State Bank of India (SBI) to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government’s “Digital India” campaign, Hitachi […]

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US Cleaning Supplies Firm To Open Blockchain Rewards-Based Recycling Centers in Indonesia

A U.S. household cleaning supplies manufacturer will open several recycling centers in Indonesia, granting tokens to citizens for plastic waste collection. U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, […]

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Singapore: Major Utility Company Launches Blockchain-Based Solar Energy Marketplace

SP Group, a major company providing electricity and gas in Singapore, has opened a blockchain-powered marketplace for renewable energy certificates trade. SP Group, a major corporation providing electricity and gas transmission in Singapore, has launched a blockchain-powered renewable energy certificate (REC) marketplace, the company reveals in a press release Monday, Oct. 29. The platform was […]

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Hodler’s Digest, October 21-October 28: US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

Bakkt BTC futures are tentatively set to launch in December, while New York regulators give Coinbase the green light for custody services. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and […]

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