Brazilian Lawmaker Proposes Integration Of Crypto Payment Option For Workers
As crypto adoption steadily increases, more and more institutions are considering it as a payment option for employees. A member of Brazil’s Chamber of Deputies, Luizão Goulart, proposed a bill to provide public and private sector workers with a crypto payment option. This means that Brazilian workers would have the option to request their pay in cryptocurrencies. […]
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Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers.Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be made only after selling a mutual agreement between the workers and the employer. According to....
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to get paid in bitcoin. He wrote, as translated by Google: I presented a bill so that independent workers … have the option of receiving their full or partial salary in cryptocurrencies. He added:....
The bill seeks to change the current law that dictates Brazilian workers can only be paid with the national currency.
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate properties and cars for the Brazilian population. Santander Proposes Tokenization Platform for Assets Santander, one of the largest banking institutions with a presence all over the world, has presented a proposal to enhance the use case of the proposed central bank digital currency (CDBC), the digital....
An increasing number of employees are opting to receive payments via Bitcoin. According to a Waterloo payroll firm, ten firms have signed up for their salary to be paid in Bitcoin. The CEO of Wagepoint, Shrad Rao, said the firm added the option in November of last year and was not expecting very many people to sign up. Not only have a surprising number of employees signed up for Bitcoin payments, but customers have come to Wagepoint specifically because of their Bitcoin integration. What's interesting is that we've actually had customers come to us because of the (Bitcoin) integration,....