Court ruling: The court cited a 2021 notice stating that cryptocurrencies lack the legal status of legal tender. Thus, wages must be paid in legal tender according to labor laws.

Labor dispute: A senior engineer sued the company for not paying wages with cryptocurrency as agreed. The company denied any such agreement.

Legal implications: The court emphasized that agreements involving cryptocurrency for wage payments violate public policy and existing financial laws.

Appeal: The engineer appealed, but the outcome remained unchanged, indicating the binding nature of the court’s decision.