Tuesday, May 8, 2018

Can a lawyer accept Bitcoin as payment for legal fees?

Over at Ethical Grounds, Michael Kennedy discusses Nebraska’s Lawyers Advisory Committee's  Ethics Advisory Opinion 17-03, which appears to be the only formal opinion on whether an attorney can accept Bitcoin (or other cryptocurrencies) as payment for legal fees. 

As he explains, the answer is essentially yes, as long all applicable rules are followed.  You can read the full opinion here.

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