The Shenzhen Qianhai Cooperation Zone People's Court recently ruled that in labor disputes, agreements to pay wages in virtual currency are invalid, clearly stating that virtual currency does not have the status of legal tender and should not, and cannot, be used as a standard for wage payments. In the case, Zhou claimed that he and the company agreed on a monthly salary of 45,000 yuan, of which 25,000 yuan would be paid in the form of USDT. However, the court determined that virtual currency does not have the property of legal tender, the relevant agreement violates laws and regulations, and the existing evidence is insufficient to prove that the company agreed to pay additional wages in virtual currency, thus not supporting the claim. The court also found that the company unlawfully terminated the labor contract and must compensate Zhou 10,000 yuan. (Labor Law of the People's Republic of China) and (Interim Regulations on Wage Payments) clearly require that wages should be paid in legal tender. The judge reminded employers that they are not allowed to pay wages in virtual currency, and workers have the right to refuse and demand payment in RMB to ensure legal protection.

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