Lawyers may accept
payment in digital currencies such as bitcoin but must immediately convert the money into U.S. dollars, according to a Nebraska ethics advisory opinion.
The Bank of England said allowing people to store value and
make payments in digital currency could have «wide - ranging implications» for financial stability and is undertaking a multi-year research programme into the subject.
Also, one other point is that as lawyers and vendors work more closely with smart contracts on a blockchain such as Ethereum, which may involve a token with a currency value, such as Ether for example, then opening up to «retail»
payments in digital currencies may become part and parcel of doing business in the legal sector.
UATP, a payment network privately owned by 30 airline companies and operating for the benefit of the global airline industry, announces today it now offers its network of 260 + airline companies, the ability to accept
payments in the digital currency.
In August 2017, Overstock became the first major trading network that decided to accept
payments in digital currencies.
Short for the Bitcoin Internet Payment System, BIPS is a payment processor that allows merchants from all over the world to buy and sell bitcoin, as well as accept
payments in the digital currency.
To enable bitcoin payments, IRIDIA says it has teamed up with the BBA to become the first scientific conference accepting
payments in the digital currency.