Topic: [2017-09-15] Courting Bitcoin? Nebraska Ethics Board Gives Lawyers OK to Accept (Read 3923 times)
September 15, 2017, 03:24:54 PM
This is another plus for BTC. If the legal profession begins to accept these as payments it will positively affect the image of the coins. In theory, the ethics of the legal industry are higher than most (notice I said in theory). Then local banks, then etc.......
September 15, 2017, 02:18:18 PM
Courting Bitcoin? Nebraska Ethics Board Gives Lawyers OK to Accept
Lawyers in Nebraska can now accept cryptocurrency as payment, according to a new advisory opinion published by an ethics committee appointed by the state's supreme court.
The Lawyers' Advisory Committee is an eight-member body that responds to queries from lawyers in Nebraska, weighing them against the state's Rules of Professional Conduct. The opinion itself is novel, constituting the first time that a state ethics body has considered a question related to cryptocurrency payments.
According to the advisory, dated September 11, the request focused on three elements: whether an attorney can receive cryptocurrencies like bitcoin as payment; whether directly from a client or from a third party; and whether they can hold cryptocurrencies in escrow or trust on behalf of the client. The answer, the document outlines, is largely yes – with some caveats.
https://www.coindesk.com/courting-bitcoin-nebraska-ethics-board-gives-lawyers-ok-accept/
Lawyers in Nebraska can now accept cryptocurrency as payment, according to a new advisory opinion published by an ethics committee appointed by the state's supreme court.
The Lawyers' Advisory Committee is an eight-member body that responds to queries from lawyers in Nebraska, weighing them against the state's Rules of Professional Conduct. The opinion itself is novel, constituting the first time that a state ethics body has considered a question related to cryptocurrency payments.
According to the advisory, dated September 11, the request focused on three elements: whether an attorney can receive cryptocurrencies like bitcoin as payment; whether directly from a client or from a third party; and whether they can hold cryptocurrencies in escrow or trust on behalf of the client. The answer, the document outlines, is largely yes – with some caveats.
https://www.coindesk.com/courting-bitcoin-nebraska-ethics-board-gives-lawyers-ok-accept/
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