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splixyesterday at 10:42 PM1 replyview on HN

I'm curious why you can't legally pay in crypto? I heard a few times about companies paying in crypto to their remote workers. In fact I heard that a US company was paying in BTC withing the US, though I'm not sure I trust this particular story. I also see that Deel accepts USDC, and to my understanding they convert to local currency of the remote worker. Is that all illegal? Truly want to understand.


Replies

wmftoday at 2:39 AM

It's probably legal as long as you do all the same accounting/withholding that you would normally do. I suspect some companies are forgetting to do that, just as many people forget to report taxes on crypto.