A lawyer who turned to Nebraska’s legal ethics council to accept bitcoin as a payment method says he will soon accept cryptocurrencies

09/22/2017

As previously reported by CoinDesk, the Lawyer Advisory Committee in Nebraska was asked to answer whether lawyers can accept Bitcoins either directly from the client or through a third party. This question also discussed the question of whether lawyers can store cryptocurrencies in a trust deposit or on behalf of the client.

Eight members, appointed by the US Supreme Court, largely agreed, claiming that any approved cryptocurrencies must be immediately converted into US dollars. One of the most important elements of this ruling was a call to use portfolios guaranteeing high security standards.

Matt McKeever, an attorney who submitted the application, said his company Copple, Rockey, McKeever and Schlecht were creating an official policy of accepting cryptocurrencies as a payment method. At the moment, it is not clear when this practice officially begins.

According to information from his LinkedIn account, McKeever cooperates with clients in matters related to the regulation of cryptocurrencies.

McKeeer told the Lincoln Journal-Star that:

Taking bitcoins will be our way of supporting the growing silicon prairie (Silicon Praire) in Nebraska.