Gaming

Choctaw Landing Hosts Grand Opening Celebration in Hochatown

Choctaw Landing, the latest luxury resort and casino by the Choctaw Nation, celebrated its grand opening on Thursday morning in Hochatown, Oklahoma. This new 100-room resort had its soft opening on April 3, with the official ceremony held on May 23. The ribbon-cutting event was led by Chief Gary Batton of the Choctaw Nation of […] Source: https://news.worldcasinodirectory.com/choctaw-landing-hosts-grand-opening-celebration-in-hochatown-113541

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Fintech

Revolut Is Yet to Apply for a US Banking License Formally: Report

Revolut is yet to file its complete application for a banking license in the United States, according to a report by Tech.eu last Friday. It came two years after the UK-headquartered challenger bank revealed its intentions to submit a draft application for a US banking charter. Don’t miss London’s premier financial event! 3,500+ attendees, 150+ speakers, and 120+ exhibitors await

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Fintech

SEC Slams Fundrise for Soliciting Clients through 200 Social Media Influencers

The US Securities watchdog has accused Fundrise Advisors, LLC, of violating the country’s cash solicitation rules by paying over 200 social media influencers and online newsletter publishers to solicit clients for its investment platform. The Securities and Exchange Commission (SEC) announced today (Tuesday) that the Washington-based investment advisor did not require the influencers to provide customers “with certain disclosures” required

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Blockchain

Binance Reportedly Investigated in US for Russia Sanctions Violations

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department of Justice (DOJ) is trying

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Former FTX CEO Sam Bankman-Fried to Appear in court remotely

A request has been made by representatives for Voyager Digital’s unsecured creditors to have the former CEO of FTX, Sam Bankman-Fried (SBF), as well as numerous top-level officials from FTX and Alameda Research deliver papers and appear in court remotely for a deposition the next week. According to a document that was filed on February 18 in the United States

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Blockchain

Paul Pierce settles with SEC for $1.4 million

A former NBA player named Paul Pierce has reached a settlement with the United States Securities and Exchange Commission in the amount of $1.4 million on allegations that he promoted a cryptocurrency token project on social media. Pierce is accused of promoting EthereumMax (EMAX) tokens via social media platforms without revealing that he had received money for the promotion and

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Blockchain

Alabama Senator Tommy Tuberville reintroduces legislation allowing United States 401k

Tommy Tuberville, a senator from Alabama, has presented legislation that would make it possible for 401(k) retirement plans in the United States to incorporate exposure to cryptocurrency investments. In an announcement made on February 15, Tuberville stated that the Financial Freedom Act, which he had initially presented to the United States Senate in May 2022, aimed to reverse policy from

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Blockchain

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs

Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed bitcoin mining firm (Nasdaq: CLSK),

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SEC Chair Gary Gensler Called Out by House Representatives Over FTX

The chairman of the Securities and Exchange Commission, Gary Gensler, has been criticized by two members of the United States House Financial Services Committee “regarding the timing of the charges filed against FTX founder Sam Bankman-Fried.” This criticism is based on the fact that Mr. Gensler is scheduled to appear at a hearing. The chair of the committee, Patrick McHenry,

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Blockchain

SEC Chair Gary Gensler Warns Crypto Companies

After the United States Securities and Exchange Commission revealed that it had reached a settlement with the cryptocurrency exchange Kraken, the chair of the SEC, Gary Gensler, issued a warning to crypto businesses, urging them to “come in and respect the law.” During an appearance on CNBC’s Squawk Box on February 10, 2018, Gensler said that cryptocurrency exchanges should register

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Blockchain

Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks

The Biden Administration has posted an official blog detailing its roadmap to mitigate the risks of cryptocurrencies. The roadmap starts by citing the 2022 implosion of LUNA/Terra and the subsequent catastrophic contagion within the industry that led to various bankruptcies. Included in this reference is the bankruptcy of FTX, saying that, “Many everyday investors who trusted cryptocurrency companies—including young people

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Blockchain

BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform. Vinnik’s Defense Appeals for His Release on Bail After Months in U.S.

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Blockchain

The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures

Representative Patrick McHenry, a Republican from the United States, sent a letter to the Treasury Department in which he asked for clarification on a portion of the digital asset tax that had been poorly drafted. Patrick McHenry, who will take over as chair of the United States House Financial Services Committee in January, has requested that the United States Treasury

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