North Carolina Attorneys Can Accept Cryptocurrency as Flat Fee (Bloomberg Law)
Bloomberg Law, November 25, 2019
North Carolina Attorneys Can Accept Cryptocurrency as Flat Fee
“Attorneys in North Carolina can accept cryptocurrency as a flat fee for representation as long as it isn’t excessive and ethics rules about entering into a business transaction with a client are met, the state bar recently advised.
North Carolina is the second state after Nebraska to issue an advisory opinion providing guidance on accepting cryptocurrency for payment. The New York City Bar Association issued an opinion in July 2019.”