Carrington Coleman partner and head of litigation Alex More shared his insights on the use of cryptocurrency for payroll with SHRM HR Magazine, noting that “plenty of things can go wrong in transferring crypto” including opening employers up to legal risks.

“Generally, rather than paying employees directly in crypto, it would be safer for an employer to pay employees in cash but offer a path for employees to convert the cash to crypto if they prefer,” More advised.

The full article, “Cryptocurrency: The Opportunities, Problems and Potential,” can be found here.