Be careful when accepting salary or cryptocurrency payments

NEW DELHI: Freelancers working with overseas clients are increasingly receiving payments in cryptocurrency. Instead of sending money via banks or via other remittance services, customers have transferred cryptocurrencies because these transactions are inexpensive, instant and convenient.

According to a report published in the Economic Times, some companies involved in the cryptocurrency trade are hiring Indian developers as subcontractors and paying them in virtual currencies because they do not want to face the regulations and taxes of the world. country.

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