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India-based Stalwart Esports becomes first organization to completely shift to cryptocurrency

Indian esports organization Stalwart Esports has completely shifted from cash to cryptocurrency in their balance sheet, it announced in a press release today. Stalwart said that this has made it the first esports organization to officially adopt cryptocurrency and blockchain technology. All salary payments to employees and players will also be made in cryptocurrency, Zeyan Shafiq, the founder of Stalwart confirmed to Dot Esports. This move comes at a time when the Indian government is reportedly considering a ban on cryptocurrency. Despite this, Shafiq expressed confidence in the org’s decision