Sequoia Employees Can Now Get Paid in Bitcoin, Ethereum, and Bitcoin Cash

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Thu, 01/21/2021 - 14:08
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Alex Dovbnya
Sequoia Holdings now offers its employees to receive salaries in cryptocurrencies
Sequoia Employees Can Now Get Paid in Bitcoin, Ethereum, and Bitcoin Cash
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Software engineering solutions provider Sequoia Holdings now allows its employees to get a portion of their salary in Bitcoin, Bitcoin Cash, and Ethereum, according to its press release

Sequoia CEO Richard Stroupe claims many of the company's employees are enthusiastic about cryptocurrencies:    

"We're excited to offer the members of our team this new benefit. Many of our employees are enthusiastic supporters of cryptocurrency, and we're happy to help them gain exposure to this trillion-dollar asset class."

Related
Professional “Super Smash Bros.” Player Now Receives His Salary in XRP

An unnamed third-party payments provider will be converting a portion of salaries into crypto while taking care of taxes.      

Back in 2019, New Zealand became the very first country in the world to legalize Bitcoin salaries, but very few companies choose to pay their employees in the volatile cryptocurrency.    

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.