UK law firm Gunnercooke started accepting crypto payments

This move provides an opportunity to work with a wider range of clients across different jurisdictions

22.02.2022 - 13:10

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What’s new? The UK law firm Gunnercooke has become the first of such organizations to accept cryptocurrency as payment for services. As the company explained on Twitter, it will now route any such payments through Coinpass, a licensed cryptocurrency exchange platform. In the publication Attestant, a cryptocurrency transaction verification service, as one of the law firm’s clients who pay for services using cryptocurrency.

We’re delighted to announce that we are now the first major UK law firm to officially accept payment in cryptoassets. We’ve partnered with @coinpassglobal to make the exchanges and have now accepted our first payment from client @AttestantIO. https://t.co/3rIK4ZfS9d #CryptoNews pic.twitter.com/enH10N8O13— gunnercooke (@gunnercooke) February 21, 2022

What does the Gunnercooke representative say? Naseer Patel, finance director at Gunnercooke, explained the reasons behind the move. He reported:

“Up to now, only a few US law firms allow for crypto-asset payments, so we are proud to be at the forefront of innovation in the UK. We will now be able to work with a wider variety of clients across different jurisdictions, plus offer our partners the flexibility to be paid securely in the way they choose.”

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