Israel companies are generally known by high salaries, conductive working conditions and regular promotions. But all these things are not enough: nowadays the officials of the state are thinking about the encouraging perspective specialists with salaries in Bitcoin.
The Example has been given by the company Spot.IM. The client asked the officials about a permission for paying its employees` wages in bitcoin. Such cryptocurrencies as Bitcoin are hardly regulated by the security and taxation systems in Israel. In order to overcome all the possible difficulties, Spot.IM is aimed to solve these problems by setting the airbag arrangement with the state authorities. Presently the negotiations with the Israel Securities Authorities are kept. First of all, the exchange rate is being discussed, as it is necessary to consider the volatility of Bitcoin exchange rate.
As soon as all the agreements with the agency would be reached, this issue can be transferred into the Ministry of Labour coordination. The ministers of the structure are already concerned with the matter and are to be involved in making the decision in near future. Spot.IM is going to take on the costs of conversion.
The specialists of the technological company Spot.IM are confident about the future of cryptocurrencies, but actually the firm is not yet involved with them. Among the customers of Spot.IM are such news services as Time Magazine, NBC, Huffington Post, Engadget, Fox News and others. Spot.IM is responsible for the social interactions and commentary on these resources. Since the establishing in 2012, the company managed to raise $38 million. In November of 2017 the firm gained $25 million, partially these earnings are owned by the Russian billionaire Roman Abramovich.