Crypto Payrolls: Opportunities and Compliance Considerations for Global Employers | Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
In today’s rapidly evolving global workforce, innovative companies are exploring compensation models that incorporate cryptocurrency, such as Bitcoin, Ethereum, and stablecoins like USDC, EURC, or emerging euro-pegged options such as Fia, to attract top talent, streamline operations, and stay competitive, often supplementing traditional fiat-only payment systems (i.e., government-issued currency such as the U.S. dollar, euro, or pound sterling). While crypto payroll offers efficiencies for distributed teams, it also raises significant tax, regulatory, and operational risks, particularly when implementing globally.
Quick Hits
- Crypto payments, especially via stablecoins, enable lightning-fast, low-cost cross-border transfers…
