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Mark Zuckerberg pledges eight years in California as Meta Platforms creates non-voting shares he can sell to pay a possible 5% wealth tax (Image: Shutterstock)

Meta Creates A New Stock Class To Keep Zuckerberg Leading From California

Meta Platforms will let Mark Zuckerberg sell new non-voting shares to cover a possible 5% wealth tax bill in exchange for an eight-year pledge to remain in California. Key Points: Meta's new Class C stock lets Zuckerberg sell part of his stake without giving up voting control. He agreed to live in C

Public officials face California’s new memecoin issuance ban, with platform restrictions starting in 2027 (Image: Shutterstock)

California Bans Officials From Issuing Memecoins, Limits 2027 Listings

California Gov. Gavin Newsom signed a law banning state and local public officials from issuing memecoins and restricting official-linked token listings beginning in 2027. Key Points: AB 2409 bars state and local public officers, along with covered public employees, from issuing memecoins. Platforms

California Assembly/Shutterstock

California Assembly Approves Historic Bill to Integrate Digital Assets in State Payments

The California Assembly has unanimously passed Assembly Bill 1180 (AB 1180), a pioneering piece of legislation that aims to integrate digital assets into the state's payment systems. The bill authorizes a pilot program for accepting digital asset payments for state fees, positioning California at th

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