Paynearme Gets Ny Sports Betting Ok And Other Digital Transactions News Briefs From 1

Investors should conduct their own analysis and consult with professional advisors prior to making any investment decisions. Bitcoin investments have historically been highly volatile and are for investors with a high risk tolerance. Investors in bitcoin could lose the entire value of their investment. Fly free bitcoin blackjack Now Pay Later, a buy now, pay later provider for travel services, closed a $75 million debt funding round from Atalaya Capital Management that will support its U.S. expansion. Payments-technology providerMogo Inc.announced it invested in NFT Trader, a Canada-based trading platform for non-fungible tokens .

For the first time, employers can leverage the power of bitcoin to help recruit and retain the best employees with an innovative perk alongside established benefits such as 401s. Employees choose what percentage of their pay they would like to auto-convert to bitcoin, and NYDIG’s platform makes the rest seamless. Bitcoin traded and held by employees as part of this benefit does not incur any transaction or storage fees and is stored in NYDIG’s industry-leading, 100% cold storage system–known as the safest way to hold bitcoin. Bitcoin-services provider New York Digital Investment Group LLC, known asNYDIG, said its Bottlepay unit has received registration as a cryptoasset business from the Financial Conduct Authority in the United Kingdom.

Businesses Owned By Drew Brees And Tilman Fertitta Among The First To Let Their Employees Get #paidinbitcoin

netotrader provides Bitcoin technology and services on the Lightning network, a system that proposes to speed up Bitcoin transaction times by processing certain functions off-chain. NEW YORK, NY – February 1, 2022 – NYDIG, a leading bitcoin company, announced today the launch of a Bitcoin Savings Plan to let employees of leading companies get #PaidInBitcoin. A Bitcoin Savings Plan is an exciting employee benefit program that allows an employee to convert a portion of their paycheck to bitcoin. The bitcoin is held on the same secure, regulated NYDIG platform used today by some of the largest banks and companies in the world. None of the material on NYDIG.com is intended to be, nor does it constitute, a solicitation, recommendation or offer to buy or sell any security, financial product or instrument.

NYDIG is a bitcoin company powering a more inclusive economic system. Delivering technology and financial services to businesses in a broad range of industries, its full-stack bitcoin platform is built to the highest security, regulatory, and operational standards. NYDIG is the gateway to a new era of financial products that make bitcoin more accessible for all.

Digital Transactions Authoritative, Insightful And Timely Information For Payments Professionals

Mogo said its investment is in the form of a convertible note that, if converted, would confer a 25% interest in NFT Trader. Fertitta Entertainment, owned by hospitality business mogul Tilman Fertitta, will be offering the benefit to employees of the Houston Rockets and to corporate employees of restaurant giant Landry’s. Among the first to offer the benefit are companies owned by former NFL superstar Drew Brees, who will also be using a Bitcoin Savings Plan to convert a portion my cryptopay of his compensation to bitcoin. Several companies Drew is involved with will also be making the optional benefit available including Everbowl and StretchZone. Novo Platform Inc., a banking platform for small businesses, has raised $90 million in Series B funding valuing the company at $700 million. Sports-betting payments specialistPayNearMe Inc.said it has gained approval from the New York Gaming Commission to provide its MoneyLine platform to licensed operators in that state.