Major UK Law Firm To Accept Crypto Payments for Legal Services

A major UK law firm announced that it would start accepting payments in cryptocurrencies for the legal services offered within the company.

Gunnercooke claimed that it became the first British legal firm to accept cryptos as a means of payments, thanks to the partnership with Coinpass, a UK-based crypto exchange.

The crypto company is known for having announced on November 2021 that it will support Dogecoin (DOGE), EOS, Tezos (XTZ), Uniswap (UNI), and Cardano (ADA).

Crypto Assets Accepted by Coinpass

In addition to these digital assets, Gunnercooke could accept payments in Bitcoin (BTC), Ether (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Polkadot (DOT), Chainlink (LINK), and Stellar (XLM).

“We’re delighted to announce that we are now the first major UK law firm to accept payment in cryptoassets officially. We’ve partnered with Coinpass to make the exchanges and have now accepted our first payment from client Attestant,” Gunnercooke said in a tweet, where it disclosed the name of its first client in using the service.

Sling TV Becomes Crypto

More businesses in different sectors keep joining the crypto bandwagon amid a growing adoption. For example, as FXEmpire reported recently, crypto service provider BitPay has partnered with Sling TV to accept crypto payments. This allows users to pay for Sling TV services using cryptocurrency.

In the United States, there are over 2 million subscribers to Dish Network’s Sling TV service.

Since new subscribers must sign up for the service using American dollars, the crypto option would only be available to existing users. Users can use cryptocurrency for subsequent renewals.

Furthermore, crypto payments cannot be automated at the moment. As a result, they’ll have to repay every time the existing one expires manually.

On the other hand, prepayments can be made manually for one to six months, so users need not renew every month if they don’t want to.