From next year, the Japanese company will pay salaries to its employees as bitcoine.

# Headlines Finance

TOKYO: 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’ will pay 1,00,000 yen ($ 890) per month through bidocaine for its employees from February next year.

This 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 bidcoin.” 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.