X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Robert A. Schwinger Robert A. Schwinger

As Bitcoin and other virtual currencies, cryptocurrencies and digital assets become more commonly used in ordinary commercial transactions, it is perhaps inevitable that attorneys increasingly will seek or be asked to take payment in this form, or to hold such assets in escrow or trust. Some states thus have begun to consider whether legal ethics rules impose any restrictions or limitations on attorneys’ ability to do so. In recent years, ethics opinions addressing such questions have been issued in Nebraska, New York and most recently Washington, D.C. In addition, regulatory requirements beyond the rules of legal ethics can also sometimes affect what attorneys can and cannot do in this area.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Law Firms Mentioned

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.