Former Circle Exec Joins Royal Bank Of Scotland To Front Fintech Project

7m
cryptodaily

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

27m
cryptonewmedia

Italy will Use Blockchain and Fintech for Interbank Checks

31m
coinidol

PoPermissionless Blockchain Network Algorand Raises $60M in Token Auction

33m
cryptonewmedia

‘We Don’t Deal in the Speculative’

35m
cryptonewmedia

Russian Hackers May Be Responsible for Coincheck Heist

36m
cryptonewmedia

Crypto Market Showing Positive Signs: Bitcoin Cash, EOS, TRX, ADA Analysis

37m
cryptonewmedia

Tyler Winklevoss: “If Bitcoin Breaks 10k, You Can Bet It’s Going To Break 15k”

38m
cryptodaily

QuadrigaCX Update: ‘Dead’ CEO Cotten Embezzled Funds For...

43m
bitcoinist

IBM Launches Upgrade of their Blockchain Platform

1h
coinidol

Japanese Agency Claims 170% Increase in Crypto-related Inquiries in 2018

1h
bitcoinnews

Why Should I Buy Stablecoins?

1h
cryptodaily

Bitcoin in the Chop But Steady Amid Libra Chaos: Long Term Price Analysis

1h
cryptoglobe

Beaxy Launches Crypto Trading Platform By Diana Ngo - June 11, 2019 0 121

2h
coinjournal

Senate Banking Hearing on Facebook’s Libra; 0.25% of Algorand Tokens Sell for $60 Million

2h
cryptoglobe

Bitcoin Price Storms 151% YTD as Facebook’s Libra Boosts 2019 Rally

2h
cryptonewmedia

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest…

2h
cryptonewmedia

Bitcoin Unfazed by Facebook, Why Further Gains Are Likely

2h
cryptonewmedia

Traditional finance is failing millennials. Here’s how investing needs to change

2h
weforum

MIT’s ‘Fiat Cryptography’ System Automates the Process of Securing Almost Anything

2h
coindesk

Debt-Plagued Millennial Parents Are Starting To Save For College Earlier

2h
bitcoinwarrior

EOS Price Analysis: Bulls Protecting Key Support, More Gains Likely

2h
livebitcoinnews

Bitcoin (BTC) Bulls Are Still In Control

3h
cryptodaily

HyperCash’s (HC) 15.2% Gain Pushes CD Mid-Cap Index Higher

3h
cryptodaily

Big Four Australian Bank Fears Facebook’s Crypto Libra

3h
cryptonewmedia


Bitwage Announces Ether (ETH) Payroll Services

Bitwage, a firm working to normalize crypto by allowing workers, freelancers, and contractors to receive their salaries in cryptocurrencies, has announced that interested parties can now receive payment in Ether, as per a blog post June 10, 2019.

Bitwage has been working to “close the loop” in the crypto lifecycle which requires first the purchase of bitcoin, then the use of bitcoin as a payment method, and finally to pay out bitcoin wages to employees and contractors.

Having since achieved that aim with their Bitcoin payroll service which now also offers tax payment support, Bitwage notes that since 2017, it has been tinkering around with Ethereum’s blockchain. At the time, they had to put together a system that allowed companies to “fund payrolls and other fiat obligations in Ether,” which has now blossomed into a fully-fledged ether payroll.

Accordingly, workers anywhere around the world can select a percentage of their wages that they wish to receive in ether. Additionally, Bitwage is offering support for companies looking “to offer tax and HR-compliant ether benefits.”

The blog post instructs:

Bitwage, like many other cryptocurrency and blockchain firms, has been pressing the “mainstream” button for some time with minor yet notable success. Most recently, cryptocurrency exchange Coinbase rolled out its Visa Debit card which enables an absolutely seamless crypto spending option.

Initially trialed in the UK exclusively, the exchange has announced that it will be pushing the card out into Europe, capturing Spain, Germany, France, Italy, Ireland, and the Netherlands.

With other crypto-payment options emerging in tandem with services such as Bitwage, the dream of closing the cryptocurrency lifecycle loop is in clear view.

Like BTCMANAGER? Send us a tip!

Our Bitcoin Address: 3AbQrAyRsdM5NX5BQh8qWYePEpGjCYLCy4

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments