Paying Employees with Cryptocurrency: The Pros and Cons
Zenefits
JULY 12, 2022
Perhaps you saw a 2021 tweet from Miami’s Mayor Francis Suarez saying that he’d receive his first paycheck in Bitcoin. At one point in 2021, one Bitcoin was worth over $68,000. The more money someone has in cryptocurrency, the more effort is required to manage it and any cash flow that stems from it. Compliance risk.
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