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Amitoj Singh Amitoj Singh

What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means

The complainant alleged the company stopped paying their salary without reason for five months before terminating the contract. The court ordered the employer to pay 62,867 dirhams ($17,116) and 39,200 of the ecowatt (EWT) cryptocurrency, as unpaid dues. The token’s value on different price-tracking websites varies widely, making it difficult to value the payment in dollar terms.

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Amitoj Singh

https://www.coindesk.com/policy/2024/08/19/what-a-dubai-court-ordering-a-company-to-pay-its-employee-in-crypto-means/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-19 10:57:17

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