🚨😳😳Dubai Court Validates Cryptocurrency for Salary Payments!😳😳🚨🚨✅

Dubai has set a new standard by legally approving cryptocurrency as a legitimate form of salary payment, reinforcing its position as a global leader in digital currency adoption.

A Landmark Ruling in Dubai's Labor Court

In a landmark case, a former employee successfully sued their employer for not paying wages in cryptocurrency as agreed. The employee was owed 5,250 EcoWatt tokens, representing six months of salary. This is the first time Dubai’s courts have recognized cryptocurrency as a valid form of salary payment, according to the Wasel & Wasel legal firm. The court ordered the employer to pay the due amount in EcoWatt tokens, as per the employment contract.

A Shift in Legal Perspective

This ruling marks a significant change from a 2023 case where the court ruled against a similar claim due to the challenges of valuing cryptocurrency. However, with improved documentation and clarity in this recent case, the court acknowledged digital assets as a legitimate method of payment.

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