NYDIG Launches Service for Workers to Get Paid in Bitcoin
NYDIG has launched an employee benefit program allowing workers to convert a percentage of each paycheck into bitcoin.Employees enrolled in the Bitcoin Savings Plan can choose what percentage of their pay they would like to auto-convert to bitcoin, and the crypto is then held in NYDIG’s cold-storage system with no transaction or storage fees.Strike and Coinbase launched similar platforms last year, but those did not require an employer to sign up in order for a worker to take advantage. NYDIG’s Bitcoin Savings Plan, on the other hand, requires employer participation.Among the roster of companies offering the service to their employees…