Photo: by Wit Olszewski/Shutterstock More Law Firms Welcome Crypto Payments. But Few Clients Are Taking Advantage
Within Big Law, there's a tentative acceptance of alternative currencies, but other firms serving the blockchain community, including DLA Piper, said it's not worth the headache to create the infrastructure.
May 17, 2021 at 05:06 PM
5 minute read
The price of bitcoin plunged after Elon Musk's recent pronouncement on Twitter that Tesla would no longer accept bitcoin as payment for electric vehicles. That volatility highlights one of several reasons that while more law firms are welcoming crypto payments, still a minority of firms accept it. And a limited number of clients even use it for legal fees.
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