May Lawyers Accept Payment in Bitcoin?

A U.S. colleague with a technology practice was recently asked to take payment for her legal services in Bitcoin. She is not sure she has the right to do so.

What about in Canada? Would any law society here slow such payment? Do payments have to be more subject to regulation via known financial institutions? Certainly the rules about trust accounts demand traditional accounting. Why would a general payment with a digital currency be a problem, though?

Start the discussion!

Leave a Reply

(Your email address will not be published or distributed)