A major UK law firm announced it would begin accepting cryptocurrency payments for legal services offered within the company.
Gunnercooke has claimed to have become the first UK law firm to accept cryptocurrency as a means of payment, thanks to its partnership with Coinpass, a UK-based cryptocurrency exchange.
The cryptocurrency company is known for announcing November 2021 that it will support Dogecoin (DOGE), EOS, Tezos (XTZ), Uniswap (UNI), and Cardano (ADA).
Cryptocurrencies 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 remind our readers that it is also possible to trade these cryptocurrencies, without actually buying them, through secure and reliable platforms such as Bitcoin Pro.
“We are delighted to announce that we are now the first major UK law firm to officially accept cryptocurrency payments. We partnered with Coinpass to make the exchanges and now we have accepted our first payment from the customer Attestant, ”Gunnercooke said in a tweet, where he revealed the name of his first customer using the service.
Sling TV accepts Crypto payments
More companies across different industries continue to join the crypto bandwagon amid growing adoption. For example, as FXEmpire recently reported, cryptographic 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 US dollars, the crypto option would only be available to existing users. Users can use cryptocurrency for subsequent renewals.
Also, crypto payments cannot be automated at the moment. As a result, they will have to manually repay each time the existing one expires. On the other hand, prepayments can be made manually for one to six months, so users don't have to renew every month if they don't want to.