California companies with 15 or more employees will be required to include salary ranges in all job offers, according to a law signed this week by the governor of the state, Gavin Newsom.

It is scheduled to go into effect in May 2023, bringing California into line with US states such as Washington, Colorado and Connecticut that have passed similar pay transparency laws in recent months.

It builds on earlier legislation signed in 2020 that requires businesses with more than 100 employees to submit wage data to the state Department of Fair Employment and Housing.

“This is a great moment for working California workers, especially women and people of color who have long been affected by systemic inequalities that have left them earning far less than their peers,” said in a statement, senator Monique Limón, author of the bill.

Supporters of the new law pointed to recent studies looking at collected wage data and finding widespread gender and race inequality.

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Source: dpa

La entrada California will include salary ranges in offers apareció primero en Bitfinance.

This week, California (United States) announced that from 2035 it will limit the sale of vehicles that use gasoline.

The objective of this measure focuses on drastically reducing the emission of carbon dioxide in the next two decades, through the sale of hybrid models between fuel and electricity.

Gavin Newsom, Governor of California, assured that this action is “bold and innovative”, which will also help transform the US automotive industry.

This proposal was approved on Thursday, August 25, after spending five hours in discussion with the body in charge of combating environmental pollution.

This is how California joins the United Kingdom and Canada as entities that will set the standard in the fight against carbon dioxide emissions.

Vehicles are the leading cause of greenhouse gases in the United States. They represent 28 % of the carbon footprint of the world power.

K. Tovar

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Source: Elpais

La entrada California will restrict the sale of cars that use gasoline apareció primero en Bitfinance.

Gavin Newsom, the governor of the state of California, authorized the creation of a comprehensive framework that allows the regulation of cryptocurrencies with the aim of boosting the crypto market in the state and in that region of the United States.

The executive order signed by the governor also established some priorities “that encompass the presence of crypto assets and blockchains within the state and the lives of citizens”.

Among the key priorities established are: “protect the interests of the United States, protect global financial stability, prevent illicit use, promote responsible innovation, financial inclusion and American leadership”.

On the other hand, the statement also emphasizes building avenues for “research and workforce development to prepare Californians for success in this industry”.

According to Newsom, the Californian State is a world center of innovation and the authorities are taking measures to prepare and adapt to the new technology of blocks, protecting consumers and using the technology for the common good.

California stimulates a business environment for crypto assets

With the executive order, the Governor of California is proposing the creation of a “commercial environment” for all companies that manage blockchains, which encompasses crypto assets and related financial technologies. It includes a balanced evaluation of the advantages and disadvantages for both consumers and investors is carried out and incorporates State values such as equity, inclusion and protection of the environment.

In the first place, the governor hopes to receive suggestions so that the regulation of cryptocurrencies is in accordance with the federal and state regulations of the United States.

Newsom’s proposal is based on the actions carried out by President Joe Biden, which aims to offer “regulatory clarity to Bitcoin and crypto assets”.

The President’s rule establishes that federal agencies must evaluate the risks and opportunities that cryptocurrencies represent for the “national security of the United States and its impact on the economy of the nation”.

M. Rodríguez

Source: noticiasdebariloche.com.ar

La entrada California proposes regulatory framework for cryptocurrencies apareció primero en Bitfinance.