Bitcoin financial services company Fold has announced a new employee Bitcoin rewards program, according to Foresight News. This initiative allows employers to offer periodic Bitcoin rewards with a built-in vesting mechanism, without needing to alter payroll systems or assume custody or compliance responsibilities. Fold manages the transfer, custody, and vesting of Bitcoin.
Steak 'n Shake has partnered with Fold to enable employees to earn Bitcoin as part of their compensation. Additionally, Bitcoin mining hosting company Simple Mining is utilizing the rewards program to distribute Bitcoin rewards based on employee tenure.