The SEC is recruiting for college traineeships starting at $15.09 an hour, which is less than the minimum wage in Washington D.C., where the regulator is headquartered.
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Category: minimum wage
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Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency as a unit of account, […]Powered by WPeMatico
Venezuela Increases Minimum Monthly Wage to Half a Petro
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the salary would be half a petro, the national cryptocurrency, which is now worth close to $59. This constitutes an increase of […]Powered by WPeMatico
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries […]Powered by WPeMatico
Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and now Venezuelans are flocking to exchanges like […]Powered by WPeMatico
Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies
Bitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount for the petro initial coin offering. Also read: South Korea Clarifies Position After Reports of Possible […]
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