• Home
  • Login
  • Register
The Central Bank Digital Currency Insider
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
SUBSCRIBE
No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
No Result
View All Result
The Central Bank Digital Currency Insider
No Result
View All Result

Can Law Firms Get Paid in Cryptocurrencies in the U.S.?

by CBDC Insider
November 30, 2020
in Business, US
Reading Time: 1min read
0
Can Law Firms Get Paid in Cryptocurrencies in the U.S.?
Share on FacebookShare on Twitter

Accepting cryptocurrencies as payment has some benefits because of the instantaneous transactions. Thanks to blockchain technology, which is a public digital ledger operating like the stock exchange, they are less open to fraud but face cybersecurity risks. Cryptocurrency exchanges may have a small transaction fee, but these are much smaller than banking, conversion, and credit card fees.

Even though most lawyers are aware of cryptocurrencies, especially Bitcoin and Ethereum, many feel reluctant to accept them as payment. However, they face growing demand from clients wanting to pay legal fees with virtual currencies. This leads to the question: Can legal firms in the U.S. be paid in cryptocurrencies?

Read more: https://www.legalscoops.com/can-law-firms-get-paid-in-cryptocurrencies-in-the-u-s/

RELATED STORIES

Taiwan’s CBDC Project Needs At Least Two More Years, Says Central Bank Governor

Taiwan’s CBDC Project Needs At Least Two More Years, Says Central Bank Governor

June 30, 2022
Montran and eCurrency Announce the Very First CBDC Solution

Montran and eCurrency Announce the Very First CBDC Solution

June 30, 2022
Previous Post

Bitcoin Hopes of Record Value of Over $20,000 Dashed After Cryptocurrency Falls Again

Next Post

Monex Group CEO Says Digital Yen Will Boost Crypto Market

Next Post
Monex Group CEO Says Digital Yen Will Boost Crypto Market

Monex Group CEO Says Digital Yen Will Boost Crypto Market

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register