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Having said this, the question arises: is it possible to pay part of your wages in cryptocurrencies?
Pedro Antunes, Partner in the Labour department at CCA Law Firm, in an article for RH Magazine, reflects on the subject and considers that it is essential to know and guarantee all the legal and labour implications, risks and complexities, salary stability and tax limitations before implementing the payment of wages in cryptocurrencies. They are subject to fluctuations that can be driven by a number of factors, such as strong investment in a particular cryptocurrency, news and market events, government regulations and speculative trends.
‘It is essential to know and ensure all the implications before accepting or implementing the payment of wages in cryptocurrencies, ensuring that a significant part continues to be paid in currency, given that cryptocurrencies should be considered as remuneration in kind, with specific tax limitations,’ emphasises the CCA Partner.
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- RH MAGAZINE