RATE Group | Costa Rican Workers Can Be Legally Paid in Cryptocurrency
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Costa Rican Workers Can Be Legally Paid in Cryptocurrency

23 Jul Costa Rican Workers Can Be Legally Paid in Cryptocurrency

Posted at 02:34h in Cryptocurrency News by

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Costa Rican Workers Can Be Legally Paid in Cryptocurrency

Economy & Regulation

Employees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their workers not only with fiat money but also with goods, and some legal experts believe cryptos can fit in this category. Besides, Costa Rican laws provide for the use of commonly accepted assets as means of payment.   

Also read: New BATM Supporting BTC, BCH Launches in Sofia

Cryptos in Costa Rica Can Be Goods, Assets, Quasi-Money

Workers in Costa Rica may soon start receiving a portion of their salary in cryptocurrency, local media reported. As far as Costa Rican law is concerned, there is no reason this cannot happen. The country’s…

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