Swiss Media Giant Opts to Pay Salaries in Bitcoin, Boosting Crypto Adoption

A major publishing company located in Switzerland has decided to give up paying its staff in fiat and replace it with salaries in Bitcoin, despite its strong volatility

On April 1, a major Swiss publisher Netzmedien AG made a public statement saying it plans to start paying all its employees in Bitcoin, leaving fiat behind. Previously, the company announced an intention to turn 50 percent of its assets to crypto.

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