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Blockchain Week in Review – August 2019 #3 (JD Supra)

JD Supra, August 29, 2019

Blockchain Week in Review – August 2019 #3

“On July 11, the Association of the Bar of the City of New York‘s Committee on Professional Ethics issued a formal opinion addressing legal fees paid in cryptocurrency. The opinion concludes that if the form of payment is required under the terms of the agreement, the transaction is a “business transaction” that may represent a conflict of interest subject to Rule 1.8(a) of the New York Rules of Professional Conduct.”

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