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Crypto tokens

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Crypto tokens

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • December 10, 2021 at 10:58 pm #643826
    Anonymous
    Inactive
    • Topics: 6
    • Replies: 6
    • ☆

    Hello sir,

    Paying the directors of the crypto company in 5000 crypto tokens if they stayed for 2 years with the company and at the end of the 2 years, the tokens could be swapped for a car capped at 50k dollars.

    Why is this not a share based payment but instead is an employee benefit?

    Thanks!

    December 11, 2021 at 4:45 am #643842
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    SBP implies some sort of link with the company’s share price. I can’t see that in the scenario that you describe.

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