Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their ...
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement plans. Fidelity Is Giving Workers the Ability to Add Bitcoin to Their 401(k) Plan Fidelity Investments, the largest 401(k) plan provider in the United States, is now allowing people to add bitcoin....
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Two months after filing VanEck’s BitcoinETF, CBOE has submitted another application — one proposed by Fidelity — to the SEC. The Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission.CBOE filed a Form 19b-4 on Monday seeking to list Fidelity's Wise Origin Bitcoin Trust Bitcoin ETF that was initially submitted to the SEC by the $4.9 trillion asset manager back in March.Monday’s Form 19b-4 which puts CBOE as the exchange partner for Fidelity’s Bitcoin ETF filing has triggered the....
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:....
But there is more good news, as Bitwage also announced additional payment outputs. Local currency payouts are coming to the US, Europe, India, Vietnam, and Argentina. Bitwage continues to make a name for itself in the payroll business. The company has announced the launch of their new “My Employment” feature. This new offering lets users create a payment-verified professional profile, and creates a reputation system for Bitwage users. This should help freelancers and other remote workers increase their [international] client base. For a lot of people, the Bitwage service is a solution to a....
The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.” The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin Bitcoin Trust spot exchange-traded fund application.According to a Thursday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of Fidelity’s Wise Origin Bitcoin (BTC) Trust. The regulatory body said any rule change in....
A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto favor traditional cryptocurrencies such as ether and bitcoin, which together amount to almost 90% of the payments made in crypto.
Freelancing and Crypto Becoming More Popular in Argentina
Freelancing seems to be experiencing a boom in Argentina, and with it, crypto, as a way of collecting....