The Kraken cryptocurrency exchange last month issued 250 employees a bitcoin paycheck. The site voiced this information in response to a statement by financial expert Peter Schiff, who said that people would never agree to receive a salary in cryptocurrency.
It is wrong when he says "it’s not a way of getting money." Kraken paid in April and more employees are opting for crypto every month. https://t.co/OZuh4gcbfw
– Kraken Exchange (@krakenfx) May 23, 2019
"And yet – an employee who in 2012 chose to take the entire amount due to him with Bitcoins, quit his job in 2013," the exchange added.
In the state of Kraken, allegedly, there are 800 people. Based on this data, one third of employees prefer salary in bitcoins.
However, representatives of the exchange did not explain exactly how this practice fits into current US labor law, which requires that payments to employees be conducted at least partially by fiat money or checks.
Recall that earlier this week Kraken announced the start of a public offering of its shares on the Bnk To The Future platform.
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