In the latest cryptocurrency news, the HR startup company named ChronoBank recently issued a new survey and found quite surprising facts about the crypto investors. According to the survey, there are more and more cryptocurrency investors that are disappointed in the lack of employers who are willing to pay them their salaries in Bitcoin and altcoins.
The survey interviewed 445 crypto enthusiasts and found out that while 66% of the respondents are willing to receive their wages in cryptocurrencies – only a third of them believes that companies in the US will change the system and pay salaries in digital assets.
What’s most interesting is the fact that 83% of the respondents said that they would like to receive their bonus payments in cryptocurrencies. When it comes to taxes, however, only 52% of them are ready to pay the taxes on their digital revenues. In the survey, 65% of the respondents said that they were ready to pay the tax man, and only 30% of the Russians said the same.
All in all, over 60% of the younger respondents from all countries said that they were ready and willing to pay tax on their crypto transactions and earnings. The respondents were mainly from the US, Russia and Australia, as well as other nations – and 92% of them were male, 75% of them were employed and 40% of them were aged between 25 and 34.
According to the CEO of ChronoBank, Sergei Sergeinko:
“Most revealing was that 72% of those surveyed said they would prefer an employer who has the salary payment option in the cryptocurrency when choosing their next place of employment. These results suggest that employers need to get up to speed with crypto sooner rather than later.”
He also pointed out the following fact:
“Even though there are ongoing changes in the legislation of different countries in the field of cryptocurrency, audiences are still not adequately informed about the innovations. Almost half of the respondents do not have enough information on whether salary payments in cryptocurrencies in their countries are allowed.”
In the end, this survey can be used as proof to show that most of the cryptocurrency enthusiasts are still optimistic about the future of the market – so much that they would actually consider the idea of getting paid in crypto.
Justin Sun Proves Crypto Is Not A Scam By Hiring A Former SEC Official
“We’re ready to fully embrace regulation here. We’ve just hired our first head of compliance, who previously worked for the SEC for almost eight years.”TRON’s founder wants to make sure that TRON is fully regulated in the United States but also Korea and Japan. He made a point that Blockchain is a like a new operating system and that the worlds need to embrace it and be more optimistic towards regulation. He continued saying:
‘’The SEC, I think also sees the blockchain as good opportunity for innovation in the United States. I’m hoping that this year the SEC will license and regulate coin-based exchanges. This year will be the year of full regulation.’’One of the ways that Sun can make blockchain mainstream is by launching the BitTorrent Token on the Binance Launchapd. BitTorrent is a file sharing protocol that serves 100 million users in more than 130 countries. Sun acquired BitTorrent for $126 million last year. However, former chief strategy officer Simon Morris of BitTorrent said that there is no possible way for the TRON blockchain to be able to handle the transactions conducted on BitTorrent’s network but at the end, he ended up being dismissed as an incompetent employee.
UN Thinks Bitcoin & Crypto Are “The New Frontiers” In Finance, Focusing On Ripple And IOTa
“Cryptocurrencies represent a new frontier in digital finance and their popularity is growing. The decentralized networks for cryptocurrencies, bitcoin being a well-known example, can keep track of digital transactions. They enable value to be exchanged and can give rise to new business models which would otherwise require significant regulatory and institutional commitments." the report states.According to the UN, blockchain and crypto have many use cases. As it is explained in the document:
"For example, a value token called ClimateCoin is being considered as a basis for creating a global market for carbon emissions, allowing peer-to-peer exchange of carbon credits and a direct connection with the Internet of Things. It would then be possible for devices to calculate their own carbon emissions and purchase carbon credits to offset those emissions."The document also focuses on innovation and how it comes from inherent trust, citing that "the innovativeness of this system lies in the way in which the various parts combine to create the trust and guarantees that the traditional financial system derives from institutions and regulation."
Do Crypto Executives Still Have Positive Thoughts After The 80% BTC Drop?
UAE And Saudi Arabia Are Working On A New Cryptocurrency
Join us on Facebook
- Bitcoin’s Problems Can Be Solved By Leaving The Proof-Of-Work System: BIS
- Bitcoin ATMs Number Keeps On Increasing, The Question Is Why?
- The Market Is Still Dominated By Centralized Exchanges Despite The Increase In DEX
- Saudi Arabia And UAE Officially Launched A Pilot Cryptocurrency
- Justin Sun Proves Crypto Is Not A Scam By Hiring A Former SEC Official
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Altcoin News5 days ago
Market Sees Red, Losing $1 Billion Overnight While Bitcoin Remains At $3,600
Altcoin News3 days ago
Stellar’s XLM Token Added To Greyscale’s Crypto Investment Trust Fund
Regulation4 days ago
South Africa Doesn’t Intend On Banning Crypto Trading
Blockchain News3 days ago
SEAT Car Manufacturer To Start Working On Blockchain-Based Products Development
Bitcoin News3 days ago
Bitcoin ATM Operator Coinme To Start Selling BTC At Coinstar Counting Machines
Blockchain News3 days ago
Deloitte Features Blockchain In Its Annual Tech Trends Report
Altcoin News3 days ago
Binance Plans To Expand To Eight New Countries But Declines To Confirm Six Of Them
Bitcoin Scams4 days ago
21-Year Old Accused Of Stealing More Than $24 Million Worth Of Crypto