FTX to resume paying staff, contractors’ salaries
Troubled cryptocurrency exchange FTX revealed that it would “resume conventional” cash payments, salaries, and benefits to its surviving staff members worldwide excluding former FTX CEO Sam Bankman-Fried, and certain former execs. The announcement was made on November 28 by John Ray III, the newly appointed CEO of FTX, as the insolvency expert works to assist […]
Ukrainian ministry sets to begin its digital currency pilot for staff salaries
Following earlier news by an official which stated that the new bill will allow salaries payment in crypto, paying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency. Ukraine’s Deputy Prime Minister and Minister of Digital Transformation , Mikhail Fedorov, has unveiled a possible early use case for […]
Lawmakers propose salaries to be paid in crypto for Argentinians
The proposal for salaries payment in crypto if passed will require Argentinians to choose full or partial payment in cryptocurrency. A member of Argentina’s National Congress’s lower chamber has proposed legislation that would allow select workers to receive part or all of their pay in cryptocurrency. José Luis Ramón, a member of the Argentine Chamber […]
AZ Alkmaar football club is set to pay players salaries in Bitcoin
The top soccer team AZ Alkmaar has signed an exclusive partnership with the Dutch crypto provider Bitcoin Meester. The team will receive a portion of the payments in bitcoin, which it has agreed to hold. On its official website, AZ Alkmaar, one of the most successful soccer teams in the Netherlands, announced its partnership with […]