What are the Challenges of Crypto Payroll for SMEs?
With European SMEs looking to dive into crypto payroll, they’re stumbling upon a jungle of regulatory hurdles. Thanks to the ever-changing EU regulatory framework, especially with MiCA and TFR in the mix, they’re hit with some heavy compliance demands. They can’t just pay in crypto and call it a day; they need to keep it transparent, which means knowing everything about the senders and receivers to keep money laundering and terrorism financing at bay. You can imagine this messes with operational costs for those wanting to jump on the crypto payroll bandwagon.
Then there’s the licensing chaos. It’s key for these SMEs to figure out how their crypto payroll actions stack up against regulated activities—something that can differ…
