Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals

Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker RevealsPublic officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major Korean Exchanges A growing number of officials in Seoul are vacating their […]

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Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike

Demand for Crypto Experts in India Hikes Remuneration, Vacancies SpikeA deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies […]

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Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto

Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to CryptoOn September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will […]

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Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot ProjectEmployees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With […]

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Crypto Companies Establish Presence, Hire Talent in Ireland

Crypto Companies Establish Presence, Hire Talent in IrelandWith a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players now looking to hire local talent. Major Crypto Companies Set Up European […]

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Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds

Every Fourth Australian Willing to Be Paid in Bitcoin, Poll FindsA new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money remains strong. 4.7 Million Australians Would Accept Bitcoin Remuneration […]

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Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto

Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in CryptoThe Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin and cryptocurrency payment services provider Bitpay has announced the launch of a new product called […]

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Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring

Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of RestructuringA year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related effects” such as compensation for sacked employees and devalued assets. Also read: US […]

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Crypto Salaries Gain Regulatory Recognition Around the World

Crypto Salaries Gain Regulatory Recognition Around the WorldSalaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a […]

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How to Pay Employees or Get Paid With Bitcoin

How to Pay Employees With Bitcoin or Be Hired for CryptocurrencyPaying or getting paid with digital coins is the norm in the cryptocurrency sector. Participants in many other industries, however, may also be tempted to take advantage of the benefits offered by decentralized currencies. In the case of bitcoin cash (BCH), that means fast, secure and low-cost transactions. Some platforms facilitate crypto payments between companies […]

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