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Can you make salary payments in crypto?
For instance, the Japanese firm GMO Internet Group decided to offer its employees the option to receive their salaries in crypto. In fact, today there are platforms that actually enable employers to make salary payments in crypto.Can Sequoia employees receive a part of their salary in cryptocurrencies?
(Reuters) - Software development services provider Sequoia Holdings LLC said on Thursday its employees can now receive a part of their salary in cryptocurrencies, should they choose to. Under the new program, employees can elect to defer a portion of their salary into bitcoin, bitcoin cash, or the Ethereum platform’s ether, Sequoia Holdings said.Are crypto Payments becoming more mainstream?
While the crypto sector itself has been paying out salaries in digital currencies for years (Coinbase was paying employee salaries in crypto as far as back as 2013 ), crypto payments are becoming more mainstream. For instance, the Japanese firm GMO Internet Group decided to offer its employees the option to receive their salaries in crypto.Can employees defer their salary into bitcoin?
Under the new program, employees can elect to defer a portion of their salary into bitcoin, bitcoin cash, or the Ethereum platform’s ether, Sequoia Holdings said.