salary

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66% of Cryptocurrency Enthusiasts Don’t Want to Receive Wages in Fiat

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Companies and projects wishing to attract the best and brightest young talent need to offer bitcoin salaries. A recent survey of cryptocurrency enthusiasts found that 66% of the community would prefer to receive their wages with these new assets than fiat. Also Read: New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos Standard … Read more

Venezuelans to Be Paid at Least Half a Petro a Month

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Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin.    … Read more

Japan Labor Ministry Confused as Crypto Salaries Demand Increased

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Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from … Read more

Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

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The Israeli high-tech sector is currently undergoing a severe talent squeeze, with companies having to compete over employees with higher salaries, stock options and better perks. One such company might have found a new way to attract and retain tech-savvy staff in this environment: offer to pay salaries in bitcoin. Now it only remains to … Read more