DC Bar OKs Cryptocurrency Funds For Authorized Charges

By | July 1, 2020

Regulation360 (June 30, 2020, 10:50 PM EDT) — The District of Columbia Bar has given attorneys the inexperienced gentle to just accept cryptocurrencies in alternate for authorized providers, though the physique’s ethics opinion stated attorneys ought to take care to make sure the preparations are honest and that the funds are safe.

The D.C. Bar stated in its undated June opinion that it did not see a motive to deal with cryptocurrencies as “a uniquely unethical type of cost” regardless of a few of their doubtlessly troublesome facets.

“The character of digital foreign money — as a brand new expertise, a unstable various foreign money or asset, or shopper property — raises moral challenges for attorneys that merely do…

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