Paid By Coins: Piper Alderman adopts cryptocurrency service

Move extends partnership to boost blockchain adoption by Australian companies

Paid By Coins: Piper Alderman adopts cryptocurrency service

Piper Alderman has adopted the Paid By Coins cryptocurrency payment service, expanding its partnership with Australian technology innovation company Lakeba.

Michael Bacina, a partner with Piper Alderman’s blockchain group, said that demand by clients in the blockchain and cryptocurrency sector has progressively increased. Piper Alderman became the first major Australian law firm to accept cryptocurrency as payment for legal services in January.

“The missing component for our clients was the facility of a robust, proven gateway to simplify the payment process for clients remitting in cryptocurrency. The Paid By Coins gateway offers a read-made and proven solution, with the benefit [of] simplicity and familiarity of the well-known BPay platform,” he said.

“Paid By Coins also offers one of the most competitive currency rates and accepts payments with five of the leading cryptocurrencies including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple,” he said.

Piper Alderman first announced its partnership with Lakeba, the company behind the Paid By Coins service, in June. The partnership includes Lakeba’s experts working with Piper Alderman’s lawyers tackling the legal implications of businesses and organisations implementing blockchain and cryptocurrency products.

Giuseppe Porcelli, founder and CEO of Lakeba, said that the adopting Paid By Coins is a major vote for the service because of Piper Alderman’s reputation.

“Our broader partnership with Piper Alderman continues to grow in strength, since we cemented our exclusive partnership this year and announced their role as a founding partner of the Future Hub. This is evolving further as they adopt our Paid By Coins payment gateway and is a strong indicator of the relevance and adoption of cryptocurrency as a ratified and legitimate means of payment in the broader business sector,” Porcelli said.

Recent articles & video

Federal Court fines employer for failing to issue payslips

Hall & Wilcox coaches Vasco Trustees shareholders through pickup by TMF Group

Victorian public prosecutions office adapts matter management system

13 rise to senior roles at JWS

IPH welcomes inaugural chief transformation officer

Lander & Rogers brings in digital economy practice head

Most Read Articles

Kain Lawyers scoops up ex-PwC Australia legal business head as director

Federal Court declares misleading conduct in wine labelling dispute

Global firms bring A-game to support Orana BESS project

Maurice Blackburn director to helm the Australian Lawyers Alliance as national president