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- Centralized exchanges execute trades internally via order books, making transactions nearly instant.
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- State-level laws add complexity—New York and Texas explicitly require wages to be paid in USD, while others allow crypto for non-mandatory benefits if staff consent.
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Below is an in depth overview of key issues for employers managing global teams. Document all transactions, including dates, conversion rates, and wallet addresses, to simplify tax reporting and audits. Avoid storing giant crypto reserves in scorching wallets to mitigate cybersecurity risks.
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