Cryptocurrency: The Opportunities, Problems and Potential

Tim Savage, Partner, Blockchain and Digital Assets, sat with the Society of HR Professionals to discuss the growing presence of cryptocurrencies in the mainstream economy, including the idea of crypto payroll as a benefit for employees.    

• “The benefits of cryptocurrency payment solutions are becoming more widely understood,” said Tim Savage, CPA, a partner in tax services with Weaver, a national accounting and advisory firm, based in Dallas.
• “Businesses are becoming more interested in the idea of transacting in cryptocurrency,” Savage said. “As payment solutions are becoming more widely understood, it’s important for professionals to learn the nomenclature and mechanics of how these new assets function.”

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