Earlier this year, the U.S. Department of Labor’s (DOL) Office of Public Affairs officially responded to whether employers could pay employee wages in cryptocurrencies. The DOL explained that regulations under the Fair Labor Standards Act (FLSA) provide t… What The U.S. Labor Department Said About Paying Wages With Cryptocurrency Earlier this year, the U.S. Department of Labor’s (DOL) Office of Public Affairs officially responded… https://customer.aatrix.com/news/2022/07/new-information-dol-and-irs-regarding-paying-employees-cryptocurrency/
Employers interested in offering wage payments in cryptocurrency should be aware of and comply with applicable withholding, wage and hour, and wage payment requirements at the Federal and State levels. Although employers can not currently pay employee’s b… Employers interested in offering wage payments in cryptocurrency should be aware of and comply with applicable withholding, wage and hour, and wage payment requirements at the… https://customer.aatrix.com/news/2022/03/what-you-need-know-about-paying-employees-using-cryptocurrency1/