Prime Trust will have the opportunity to show why a petition from the Nevada Financial Institutions Division should not be permanently granted in an Aug. 22 hearing.
Nevada News
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The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.
26225The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
4610Nevada’s business regulator issued a cease and desist order to the crypto custodian, alleging it has a “shortfall of customer funds.”
6956The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said.
13323CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain.
45114It would seem that Mayor Hillary Schieve of Reno, Nevada is a supporter of Chainlink's blockchain oracle project.
10009Huobi Group is setting up a trust company in Nevada after closing down the U.S. subsidiary in 2019
10111A failed attempt to increase licensing obligations for Bitcoin ATMs earlier this year has returned to the spotlight.
2483The CEO of Blockchains LLC bought a bank in Nevada, citing financial inclusion, running a regulatory sandbox and issuing blockchain-based banking tools as motivations.
7205The University of Nevada, Reno’s Intelligent Mobility will work with blockchain firm Filament to develop an autonomous vehicle smart city project.
4813Representatives from blockchain- and crypto-related companies protested a bill in a committee hearing in the Nevada State Senate.
9712Blockchain is facing some obstacles to acceptance at local government level in Nevada despite proactive policy.
13985Recent survey shows that Ledger Nano crypto hardware wallet was Nevadans’ favorite online purchase over 2017 Xmas season.
26240Sony and IBM have partnered up to develop a new educational platform that employs Blockchain technology in securing and sharing student records.
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