CNBC: Here’s Why Some Big Financial Experts Are Bashing Bitcoin

Written by :

C Costigan

Published on :

13 September, 2017

CNBC: Here’s Why Some Big Financial Experts Are Bashing Bitcoin

Allianz chief economic advisor Mohamed El-Erian and Jamie Dimon, CEO of JPMorgan, have both spoken out against the cryptocurrency Bitcoin, now accounting for up to 40 percent of all online gambling transactions.

Sporttrade Abruptly Shuts Down Online Betting Markets

Those in the state of New Jersey will need to withdraw funds by May 25 while customers in all other U.S. states where the site operates will need to do so no later than June 25.

Panic at Rio Las Vegas: 17 Tourists Reportedly Trapped in Elevator With No Ventilation

The Rio has seen scattered guest complaints online this year regarding slow elevators, occasional outages, and lengthy check-in waits, though there do not appear to be any specific reports of an elevator becoming stuck.

Sweepstakes Casinos Safe in Oklahoma as Governor Vetoes Ban Bill, Odds Less Favorable in Louisiana

Oklahoma Gov. Kevin Stitt has vetoed SB 1589, a bill targeting sweepstakes casinos on Wednesday.

Federal Court Blocks Arizona From Blocking Prediction Markets

They also paused any prosecution of Kalshi.