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/
