Workers in volatile economies most likely to take pay in crypto: Report
Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel. In its “State of Global Hiring Report” shared with Cointelegraph on July 21, the firm found that despite the 2022 bear market, crypto represented 5% of all global payments withdrawn from the platform every […]
Crypto salaries are becoming a popular way to attract young talent
Athletes and politicians have made headlines as they opted to get paid in crypto earlier this year. Now, in an attempt to attract a younger workforce, companies are starting to offer crypto salaries. A recent CNBC article highlighted two different cases where young talent is paid in crypto. University student Stephen Gerrits and artist Tiyanna […]
Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin
On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that CEO Peter Wall is now the first executive of a publicly traded company to take their entire salary in Bitcoin (BTC). In a February operational update, the company — which trades on the London Stock Exchange under the ticker ARB — said that as of […]
Miami mayor says city employees should be able to take their salaries in Bitcoin
Miami city employees could soon choose to get their salaries paid in Bitcoin rather than USD. In an interview with Forbes, Mayor Francis Suarez said tangible paths to expand Bitcoin’s adoption throughout the city included enabling city employee salaries to be paid in BTC. Major figures in the cryptocurrency world have responded positively to the […]