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Should businesses consider getting paid in cryptocurrency?

Should businesses consider getting paid in cryptocurrency?

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Getting pain in cryptocurrencies is surely a pride and joy for freelancers; surprisingly, it can be the same for businesses as well. However, when it comes to the employees of those businesses, there’s a whole lot of cloudiness being protected by the Fair Labor Standards Act, which mandates that the employers pay wages, “in cash or negotiable instrument payable at par” cryptocurrencies and a patchwork of conflicting state laws make crypto-based payroll a gloomy legal area with innumerable barriers.

category: Finance > Crypto-currencies

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Published by Robert2629.

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