Dubai Court orders a company to pay employee in crypto currency
This comes after the complainant alleged that the company went five months without paying their salary before terminating the contract of employment. The court ordered the company to pay the complainant $17,116 and 39,200 of EWT tokes. The courts "decision supports the payment of salaries in cryptocurrencies, provided both parties agree to this arrangement in the employment contract" said Navandeep Matta
the ruling however does not mean crypto is legalised for salary payments in Dubai Source:
The Crypto Crash and Its Stock Market Dance: A Tale of Two Market
In recent times, both traditional stock markets and the crypto world have been on a wild ride. The stock market, with its familiar blue-chip companies and indices, has seen its fair share of turbulence. Meanwhile, the crypto market—home to Bitcoin, Ethereum, and an ever-growing list of altcoins—has been equally volatile. But are these two seemingly separate universes truly disconnected? Let’s unravel the relationship between their crashes and see what lessons we can glean. 1. The Great Synchroni
I would like to take take this moment and apologise to my foolwers on Square for not being active this week. There were a lot of things happening in the crypto world this week and I failed to deliver them. I send my Apologies. I was very sick this week but rest assured that next week I will be thumbs in screen. $SYN $RARE $TON #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn