From next year, the Japanese company will pay salaries to employees through bitcoin
From next year, the Japanese company will pay salaries to employees through bitcoin
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A Japanese company will soon begin to pay its employees as part of their paycheck. The spokesperson said that the goal of the company is to create a better understanding of virtual currency. 

GMO Internet, which operates a range of web-related businesses including finance, online advertising and internet infrastructure, will start paying up to 100,000 yen (£660/$890) monthly by Bitcoin to its employees in Japan from February next year.

The company operates a series of web-related businesses including finance, online advertising and Internet infrastructure. Company spokesman Haromi Ishi said, "If employees want, they can take their pay as bitcoin." They said, 'We expect that by using it we will be able to improve the understanding of our virtual currency.' 

He said that about 4000 employees of GMO Group will be given this facility. The company started the Bitcoin business and exchange business in May. 

The company started a Bitcoin trading and exchange business in May. And next month, it will join the so-called “Bitcoin mining” business – gaining the right to receive new Bitcoins as a reward for helping keep the network secure by approving transactions. World Bitcoin prices have surged globally this year, soaring from less than $1,000 in January to $17,000 this week.

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