Cryptocurrency exchange Kraken last month paid salary to 250 coworkers in bitcoins. The platform announced this information as a reply on the statement by financial expert Peter Schiff. He claimed that people would never agree to receive salary in cryptocurrency – investment resource learned.
“What is more, an employee, who in 2012 preferred to get the entire amount of money due to him in bitcoins, quitted work in 2013”, – the exchange added.
There are about 800 people in the staff of Kraken. Due to the data, a third of employees choose to get their salary in BTC.
On the other hand, exchange`s representatives haven`t explained how exactly this practice fits into current US labor law. As it demands that payments to employees are at least partially by fiat money or checks.