Cryptorevolutions: legal services in Washington, D.C. can be paid with cryptocurrencies!

Cryptorevolutions: legal services in Washington, D.C. can be paid with cryptocurrencies!

Wednesday, 8 July, 2020

 

From now on, cryptocurrencies are accepted as a form of payment for legal services in Washington, D.C. Given the volatile nature of cryptocurrencies, fee arrangements have to be executed fairly to the client,  and written consent is necessary if attorneys want to proceed with transactions. The procedure is available only to lawyers with knowledge in Blockchain and specifically in cryptocurrencies to ensure the safety and protection of all advance fees. Another requirement is that the lawyer has to be able to safely store the payment. Having met all the criteria, lawyers can freely charge for their services in cryptocurrencies, which have started to become a popular payment method nationwide. Washington D.C is not the first jurisdiction, which gave cryptocurrencies a green light: North Carolina, New York City, and Nebraska have done it before.

Source:
https://www.coindesk.com/washington-dc-lawyers-can-now-accept-crypto-for...

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