New Zealand has become the first country to legally allow wages to be paid in cryptocurrencies. The ruling excludes the self-employed from earning incomes in digital currencies. Companies that opt to pay employees in crypto will be able to deduct tax under the country’s pay-as-you-earn...
October 27, 2021
The cross-border settlement FinTech Velo Labs has launched a partnership with Inception, a Thai firm specializing in cross-border remittances in Southeast Asia. The two companies announced the partnership Wednesday (Oct. 27), saying it will use Velo’s technology to shift Inception’s business in Indonesia, Malaysia, Philippines and Singapore from “traditional, legacy settlement systems to the more […]
August 13, 2019
New Zealand has become the first country to legally allow wages to be paid in cryptocurrencies. The ruling excludes the self-employed from earning incomes in digital currencies. Companies that opt...