Could salaries be paid in cryptocurrency soon? Experts in UAE explain

An expert says salaries are already being paid in cryptocurrency in many countries such as New Zealand, Japan, UK, and in a lot of European countries like Denmark but it is still rare to pay out salaries in crypto as many people wouldn't feel comfortable with it due to the lack of knowledge, limited avenues for usage and volatility of some currencies.— Photo by Kanchanara on Unsplash

As virtual assets increasingly gain currency in the UAE and worldwide, industry executives believe that more and more companies will pay salaries in cryptocurrencies and the industry will also be less volatile due to enhanced regulations and legal framework.

Digital currencies are already being accepted by some countries while a few technologies companies have been paying salaries to their employees in cryptos.