BITWAGE LETS SALARIED EMPLOYEES GET PAID IN CRYPTO WHILE REMAINING TAX COMPLIANT

[Peter Jack]

Bitwage is partnering with a payroll company to give more firms the ability to pay their workers in cryptocurrency.

Bitwage CEO, Jonathan Chester, says the partnership will let more U.S. employers fund payroll, payroll taxes and benefits with bitcoin or ether. Chester said, “this is a lifeline for companies to pay their people compliantly.”

The firm currently has 45 active company clients. Company’s partnership with Simply Efficient HR, a professional employer organization (PEO) based in Texas, is meant to expand the service beyond Bitwage’s current user base of 20,000.

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