Author Archives: UMBLR

The Infrastructure Bill’s Hidden Effect on Cryptocurrency

Oliver Ray Duke – One of the Biden Administration’s key agenda items is H.R. 3684, otherwise known as the “Infrastructure Investment and Jobs Act” (the “Infrastructure Bill”). According to President Biden’s Statement of Administrative Policy, the Infrastructure Bill seeks to rebuild deteriorating infrastructure, reduce greenhouse gas emissions, and invest in underserved communities among other legislative priorities. […]

Photo by UN Women/Ryan Brown via Flickr.

SEC Approves Nasdaq’s Proposal to Increase Board Diversity

Alexa Rosen – Made effective on August 6, 2021, by the U.S. Securities and Exchange Commission (“SEC”), the Nasdaq Stock Market (“Nasdaq”) will now require each Nasdaq-listed company, subject to certain exceptions, to have at least two diverse board members or explain why it does not.  The following article provides a brief overview of the rule, […]

Are Cryptocurrencies Currency? Why The Answer Matters For Corporate Tax Purposes

Lauren Assayag – This July, Tesla announced it will likely accept Bitcoin as payment again. If you purchase a Tesla using a cryptocurrency, like Bitcoin, would Tesla recognize the receipt of an asset and record ordinary business income?  How would you account for your purchase of the Tesla in exchange for Bitcoin?  Would different tax and […]

The King of Compensation: How this University of Miami Quarterback is Monetizing his Brand, Image, and Likeness Post NCAA v. Alston

Lizzy Castano – Earlier this year, University of Miami quarterback D’Eriq King became the first collegiate athlete to sign a name, image, and likeness (NIL) agreement with a professional sports team after making a deal with the Florida Panthers. King is one of many collegiate athletes monetizing their personal brand since the Supreme Court unanimously held that the […]