State of Nevada Department of Business & Industry
Recent News About State of Nevada Department of Business & Industry
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Nevada receives $721K federal grant for expanding apprenticeship programs
The United States Department of Labor has announced the latest round of Apprenticeship Expansion Grant awards as part of its State Apprenticeship Expansion Formula (SAEF). The grant aims to help states increase and expand apprenticeship opportunities in high-growth, high-demand industries. Recently, the Nevada Office of the Labor Commissioner (OLC) received $721,602 through the SAEF Grant to grow apprenticeship programs in Nevada.
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Nevada settles with Abra over unlicensed cryptocurrency operations
The Nevada Financial Institutions Division has joined 24 other state financial regulatory agencies in taking collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., and Plutus Lending, LLC (collectively known as "Abra"), along with CEO and largest equity owner William "Bill" Barhydt. The actions stem from allegations that the company operated a cryptocurrency business without the necessary state licensing.