Astra Seeks Deadline Extension from Nasdaq to Avoid Delisting

In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split. Rocket launch startup Astra Space (NASDAQ: ASTR) has drawn a plan to avoid a delisting from the Nasdaq. The stock trading platform gave the small rocket builder a deadline to exceed a share price level of $1 or face removal. … Read more

Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole

The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. On Thursday, March 9, the Biden administration proposed some important changes to crypto tax treatment in the federal budget. This could be a major game-changer for crypto investors … Read more

Elon Musk Attorney Seeks Removal of Twitter Review Deal with SEC

Alex Spiro argues that the Elon Musk – SEC deal is moot following the Tesla CEO’s securities fraud trial victory. An attorney representing Elon Musk has asked a San Francisco federal court to throw out his 2018 deal with the SEC. The deal required that Musk seeks approval for all Tesla-related tweets before posting them on his … Read more

San Francisco Federal Reserve Seeks CBDC Developer to Improve Existing Fiscal Systems

The San Francisco federal bank is scouting for a software developer to research and design a CBDC to facilitate dollar transactions. The Federal Reserve Bank of San Francisco is reportedly searching for software engineers to help develop a central bank digital currency (CBDC). The San Francisco Fed recently posted a job vacancy for a CBDC … Read more

France Seeks to Tighten Crypto Registration Rules by January 2024 

France views its new crypto registration rules as an enhanced version of its burdensome Senate-endorsed licensing requirements. According to reports, the country of France seeks to tighten its crypto registration rules next January. This pro-digital currency national agenda will receive endorsement from the French National Assembly as well as its Senate.  A special legislative committee … Read more