Bitwage enables firms to pay salaried staff in crypto

posted 5 months ago
Bitwage is partnering with a payroll company to give more firms the ability to pay their workers in cryptocurrency. Bitwage CEO Jonathan Chester says the partnership will let more US employers fund payroll, payroll taxes and benefits with Bitcoin. The CEO went on to say “This is a lifeline for companies to pay their people compliantly.”

Importantly, the new service lets companies pay salaried employees in crypto, rather than just contractors. The tax portion is converted into dollars and paid out in accordance with current tax systems in the US.
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