A Major Law Firm in the United Kingdom Now Accepts Payments in $BTC, $ETH, $DOGE, and $ADA
Gunnercooke, a leading law practice in the United Kingdom, has begun taking payments in the majority of major cryptocurrencies for legal and professional services.
The company accepts popular cryptocurrencies such as Bitcoin ($BTC) and Ethereum ($ETH), as well as lesser-known altcoins such as Cardano ($ADA) and Dogecoin ($DOGE).
According to a statement released by the legal firm, it is now taking cryptocurrency payments via Coinpass, a cryptocurrency exchange regulated with the Financial Conduct Authority (FCA). Coinpass recently added $DOGE, $ADA, $XTZ, $EOS, and $UNI to its platform.
According to the release, gunnercooke has amassed a customer base of “approximately 100 cryptocurrency developers, platforms, and exchanges,” and that bitcoin staking business Attestant was the first to pay gunnercooke for its legal consulting services in cryptocurrency.
Attestant apparently paid for the services using Ethereum’s ETH, with gunnercooke stating that it “advises Attestant on a variety of legal and regulatory issues pertaining to staking.” Gunnercooke’s financial director, Naseer Patel, was cited as saying:
As just a few US legal firms now accept crypto asset payments, we are happy to be at the cutting edge of innovation in the UK. We will now be able to deal with a broader range of clients across many countries, as well as provide our partners with the option of being paid securely in the manner of their choice.
The document notes that crypto assets are being accepted in an increasing number of industries, and quotes the firm’s financial services and fintech partner James Burnie as saying that he expects a “gradual transition toward cryptocurrency becoming increasingly accepted as a means of payment in general” over the next few decades.
As CryptoGlobe previously reported, a cryptocurrency-based restaurant has launched in Dubai, taking payments in all major crypto assets for Dogecoin-inspired dishes. The restaurant is a virtual one that delivers food.
The restaurant debuted soon after Tesla CEO Elon Musk and DOGE co-creator Billy Markus lobbied McDonald’s to accept DOGE as a payment mechanism. Tesla’s website allows DOGE payments for products.