Getting paid in crypto: Dubai court ruling shows increasing acceptance
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.
Getting paid in crypto isn’t easy. Employees and employers alike have several legal hoops to jump through, but it’s getting simpler as courts and businesses recognize the benefits.
On Aug. 15, a Dubai court ruling recognized crypto assets as a valid means of salary payment.
Issued by the Dubai Court of First Instance, the judgment came in response to a dispute between an employee and employer over unpaid wages (a portion of which was denominated in crypto tokens).
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Author: Shiraz Jagati
