The London-based commercial firm has a FinTech and cryptoasset full-service practice with a client base of about 100 cryptocurrency developers, platforms and exchanges. This week, crypto-staking business Attestant became the firm’s first client to pay it in Ether.
Naseer Patel, finance director at gunnercooke, said: ‘Up to now, only a few US law firms allow for cryptoasset payments so we are proud to be at the forefront of innovation in the UK.’
James Burnie, financial services & FinTech partner, said: ‘It’s vital that we accept payment in this way for our substantial client base, which spans the entire blockchain and cryptoasset ecosystem. Accepting payment in cryptoassets demonstrates our commitment to and understanding of this important and growing community.’
Cryptoasset exchange Coinpass, which is registered with the Financial Conduct Authority, has partnered with the firm to make the exchanges.
Last year, Isle of Man law firm Quinn Legal became the first on the island to accept Bitcoin payment from clients.
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