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New Zealand Regulators Rule Businesses Can Offer Employee Paychecks in Crypto Starting Sept 1st...

From globalcryptopress.com

{VIDEO}New Zealand's financial regulators at the IRD released a ruling telling employers how they can legally pay their staff in cryptocurrencies. While there were no laws banning it before, it was considered a grey area until now. Now with clear guidelines, starting Sept 1st - it's absolutely allowed! If the employer offers it, and the employee chooses it over a regular fiat paycheck. Employers will have to pay their staff in fixed regular amounts, the payment must be able to be converted directly into a government issued currency. One part we weren't able to make sense of - the taxes may not be the same for each ... (full story)

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  • Category: Fundamental Analysis