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Virginia firm offers to pay employees in cryptocurrency

Posted On: Jan. 28, 2021 9:39 AM CST

Reston, Va.-based software firm Sequoia Holdings, LLC has started an initiative where employees can receive a part of their salary in cryptocurrency like Bitcoin of Bitcoin Cash, Employee Benefits reports. The initiative has been linked to a pension plan through which employees can defer a certain amount of their pay into a retirement savings plan, although the deferral is after tax.

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