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Nevada Supreme Court Cabins Statute Eliminating Limitations Period On Deposit Claims Against Banks

CFPB Monitor

On November 20, 2020, the Nevada Supreme Court handed banks a significant victory by agreeing with the Defendant bank’s interpretation of a Nevada statute concerning the application of statutes of limitation. In 2019, the parties briefed the certified questions to the Nevada Supreme Court. In Cantlon v. Wells Fargo Bank, N.A.,

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Apple To Reopen Approximately 100 US Retail Locations

PYMNTS

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. Apple will reportedly open stores again this week in Georgia, Florida, Texas, Utah, Arizona, Nevada and Missouri, among other states. stores this week. Apple’s locations, for their part, many times anchor key shopping centers or areas.).

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Bitcoin Daily: Nevada Tightens Regs On Crypto Kiosks; Barclays And Coinbase Call It Quits

PYMNTS

Nevada is enforcing stricter regulations on cryptocurrency kiosks, and will now require them to have a state money transmission license. The 100-hectare mixed-use development in Phnom Penh is made up of residential properties, offices, retail centers, schools and a large-scale exhibition hall.

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Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Big Retail.

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JD Sports Purchases California-Based Shoe Palace

PYMNTS

The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas.

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Caesars To Resume Gaming, Hospitality Operations In Vegas

PYMNTS

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” Steve Sisolak and public health authorities, according to an announcement.

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US Treasury Tells Banks To Treat Hemp Businesses Like Any Other

PYMNTS

The reminder is intended for banks with clients that include marijuana retailers or individuals that grow, process, or manufacture pot. a Nevada-based, publicly-traded company that owns processing centers and a 5,000-square-foot retail store in Arizona, praised FinCEN’s update. Hemp Inc.,

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