Chair of Cryptocurrency and Blockchain Practice Group Discusses Offering Paychecks in Bitcoin
News
4.11.22
Phillip Bauknight recently talked to CNBC and Morning Brew about employers offering paycheck payments in bitcoin, a trend that has started to take off in the last couple of years.
“Employees want more flexibility, and they want autonomy in all aspects of their work life. Being paid in cryptocurrency is an extension of this shift,” he said, adding that offering payments in this form is often a gray area. “Cryptocurrency doesn’t fit neatly into the boxes of existing statutes and regulations.”
Read the full articles in CNBC and Morning Brew.
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- Phillip C. Bauknight
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