Crypto Compliance 101: New Era of Payroll Solutions
With the SEC’s recent approval of in-kind redemptions for crypto ETFs, the landscape of crypto payroll compliance is in for a major transformation. This pivotal move not only lessens transaction costs but also gives fintech startups the ability to compensate employees in cryptocurrencies directly—something that many have been yearning for in the wake of complex regulations and market volatility.
A New Era in Crypto Payroll
The SEC’s latest stance reflects an ongoing effort to create a regulatory environment that’s “fit-for-purpose” for digital assets. Under the new leadership of Chair Paul Atkins, the agency appears to be warming up to the idea of regulated participation from institutional players in the crypto market. In-kind…
