Personally I have a contractors that work for me in Russia. We pay them via a wire. If this goes through I’m not sure how I’m going to do that.
Have to look at running them through a different system maybe? Any ideas I’d take them.
Have to look at running them through a different system maybe? Any ideas I’d take them.
Seriously though if your business is impacted by sanctions I'd suggest consulting a lawyer before trying to get creative with payment methods.
Alternatively you could just mail the money there. As in, put it in a letter and hand it to your national postal service. That said, this is not possible in all countries and sometimes restrictions apply that may make this unusable.
That said, if you are hellbent on continuing to use that contractor crypto is an option. I recommend something more modern and easy to use than Bitcoin though.
I’ll have to check with the comfort level of my guys taking bitcoin but that seems like an option at least. Don’t want to think about the accounting issues we will have to figure out but thanks for the idea.