Japanese Internet Giant GMO Offers to Pay 4700+ Employees in Bitcoin
Japanese conglomerate GMO Internet Group has introduced a payroll system to allow its 4,700+ employees to receive part of their salaries in bitcoin. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions GMO Introduces Bitcoin Salary Payment System Japanese Internet leader GMO Group has announced that its employees can start receiving part of their salaries in bitcoin beginning in...
SEC Ramps Up Crypto Oversight – Hires Coin ETF ”Expert”
After what many considered a dithering reluctance, the bureau charged with maintaining order in the world’s biggest speculative markets, the US Securities and Exchange Commission (SEC), is ramping up efforts to consider regulatory policy toward cryptocurrencies, ICOs, and cryptocurrency funds. This comes directly after two key executive appointments this year along with ever-more attention drawn to the ecosystem due to...
Americans Are Taking Out Mortgages to Buy Bitcoin
People are taking out mortgages to buy bitcoin, says securities regulator Joseph Borg. Coupled with accounts of credit cards and equity loans being used to obtain bitcoin, it raises the possibility of risk-taking investors being left deeply indebted or potentially even homeless. Also read: Bitcoin Is a New Haven From Hyperinflation for Rich Latin Americans Betting It All On Bitcoin Most people have heard of “that Reddit...
Howard Stern and Saturday Night Live Reference Bitcoin as Popularity Grows
The Year of Bitcoin is finishing strong, as its spread into the mainstream, from finance to popular culture, gains traction apace with its price increases. From The Big Bang Theory dedicating a bitcoin subplot, to an episode of Startup creating an entire series around the topic, the world’s most well-known cryptocurrency is getting a new boost, with giants like The Howard Stern Show (Stern) and Saturday Night Live...
South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions
South Korea’s top financial regulators have clarified their position following reports by local media that they have been considering a possible ban on all cryptocurrency transactions, particularly bitcoin. Also read: Russian Presidential Candidate: ‘We Will Legalize Bitcoin and Other Cryptocurrencies’ Regulators Discuss the Extent of Regulation FSC Chairman Choi Jong-ku. Reports circulated on Friday that South...
