A Finland-based law firm, Nordic Law, made an announcement Thursday they would begin accepting bitcoin payments for legal services rendered. Specializing in business and law, the firm recognized their clients’ needs for leveraging alternative forms of payment.
The company blog explains: “We have received several inquiries from foreign clients regarding payments in form of bitcoins and whether we accept such payments. We have also for a long time assisted various domestic entities active within the virtual currency markets. We have especially assisted in legal questions pertaining to tax issues. In that regard, we have had an opportunity to get acquainted with virtual currencies and the current legal environment regarding virtual currency, which unfortunately is quite inadequate.”
#NordicLaw accepts now #bitcoin payments! https://t.co/jpSzSSbSm0 #virtualcurrency #legal #agile #modern #lawfirm #helsinki #finland
— Nordic Law (@NordicLaw_fi) October 12, 2017
According to some news sources, Nordic Law is the first firm to fully embrace bitcoin and begin accepting it as a means of payment for legal services. The company primarily hopes to help clients who have issues with taxes in regards to using digital currency. Their primary bitcoin-paying clientele are foreigners who reside outside of Finland.
However, there have been other instances of attorneys being granted permission to accept bitcoin as legal payment. News.Bitcoin.com covered a story where an ethics board determined Nebraska attorneys could take bitcoin.
A Nebraska ethics board just granted attorney’s permission to accept bitcoin, with a few stipulations. The Lawyers Advisory Committee granted approval, and also suggested accepting bitcoin is not at odds with codes of professionalism.
It is not yet clear which firms have begin accepting bitcoin in Nebraska.Nordic Law
Overall, it appears bitcoin acceptance and adoption is skyrocketing. As the price moves toward the 6k zone, a plethora of different businesses are looking to determine if bitcoin acceptance is right for them. Most recently, an Iranian computer hardware company called Lioncomputer started allowing customers to pay with bitcoin.
Perhaps the largest influx bitcoin interest has been in the brokerage firm and trading sectors. Several American and international firms have begun allowing their customers to invest in bitcoin via CFD’s. These include Tickmill, Roboforex, and ETX Capital, just to name a few most recent ones.
This growing interest in bitcoin and all its concomitant technology could foreshadow a major breakthrough in adoption, catapulting bitcoin into further mainstream limelight.
What do you think about Nordic Law accepting bitcoin? Will this kind of mainstream adoption continue to prosper? Let us know in the comments below.
Images via Shutterstock and Nordic Law
Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.Sterlin Lujan is a journalist, editor, speaker, anarchist, and essayist. He has been involved with cryptocurrency and Bitcoin since 2012. Sterlin is especially interested in the intersection of psychology and cryptography. He has written on behavioral economics in regards to innovative technology, and was one of the first to write about the emerging field of cryptopsychology on bitcoin.com.