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CoinGape

Dubai court recognizes crypto as valid form of salary for first time in history

CoinGape
Summary
Nutrition label

66% Informative

Dubai Court has acknowledged the payment of salaries in the form of cryptocurrency for the first time in history.

This ruling comes after an ex-employee filed a legal complaint on the failure of the company to pay a portion of their salary, which was in cryptocurrency per their employment contract.

Earlier, the Dubai court ruled against the plaintiff after an unclear determination on the value of 5,250 EcoWatt tokens (crypto tokens).

VR Score

51

Informative language

46

Neutral language

60

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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