CoinCorner partnered with Quinn Legal become the first Isle of Man law firm to accept Bitcoin payments

CoinCorner partnered with Quinn Legal become the first Isle of Man law firm to accept Bitcoin payments
08.01.2020 12:53 pm

CoinCorner partnered with Quinn Legal become the first Isle of Man law firm to accept Bitcoin payments

Bitcoins , Cryptocurrencies

Bitcoin exchange, CoinCorner, has partnered with leading legal firm, Quinn Legal, to enable clients to make Bitcoin payments directly via the legal firm’s website, becoming the first Isle of Man based law firm to do so.

Bitcoin is a global digital currency operating on distributed ledger technology known as the blockchain. It can be sent to from person to person around the world and without the need for a middleman. It also cannot be printed or reproduced, with only 21 million Bitcoins ever able to be created, making Bitcoin a highly secure and traceable form of currency.

CoinCorner provided the integration for Quinn Legal’s website via its CoinCorner Checkout service, which launched in May 2019. CoinCorner is a leading Bitcoin exchange which was founded in 2014 and operates globally, supporting almost 200,000 customers in over 45 countries. 

Sam Tipper, Business Development Lead at CoinCorner, commented: "It's been fantastic to work with and support Quinn Legal in accepting Bitcoin invoice payments from their clients via CoinCorner Checkout. The news marks significant progress for both CoinCorner and Quinn Legal; showing recognition for Bitcoin as an alternative way of paying for traditional services and further positioning Quinn Legal as a leader in the legal sector, continuously adapting to meet the needs of modern customers.”

He added: “CoinCorner Checkout is available to businesses in the Isle of Man, UK and most of Europe. If you’d like to know more about how simple it is to start accepting Bitcoin, please get in touch by visiting CoinCorner.com/Checkout.”

Founded in 2009, Quinn Legal prides itself on being different from other legal firms. Lawyers are usually change-averse, but Quinn Legal recognises the popularity and benefits of cryptocurrency payments. Partnering with fellow Isle of Man based Bitcoin exchange CoinCorner makes the legal firm the first on the Island to accept the payment option. 

James Quinn, founder and CEO of Quinn Legal, said: “This new payment method capability signals the start of our plans for the new decade. We will be focusing on our existing areas of expertise and finding new ways to support our clients. With Bitcoin payments, we can support many of our clients in the financial technology and business sectors, as well as those who are invested in less traditional currency.”

He added: “We felt confident partnering with CoinCorner for this important integration, as they are one of the first Bitcoin businesses in the world to fall under any form of legislation as a Designated Business. This means that they are overseen by the Isle of Man Financial Service Authority, giving our clients peace of mind and assurance that their payments will be safe, secure, and immune from direct exposure to Bitcoin price volatility. At Quinn Legal, our clients will always be at the forefront of everything we do.”

Related News

Bitcoin Trade at Settlement Market Executes First Trade

Tassat, a global provider of financial technologies and products for traditional and digital asset markets and Blockfills, a global leader in digital asset electronic market... Read more »

Uphold Announces Bank Connectivity in the U.K. with the Support of the Pound Sterling

Leading digital money platform Uphold today announces bank connectivity for its users in the United Kingdom with the introduction of support for the Pound Sterling (GBP).

Read more »

CoinCorner Comments on Coinfloor’s “Bitcoin only” Stance

CoinCorner’s CEO, Danny Scott, commented:  

  

“It’s been announced today that Coinfloor is delisting its Ethereum (ETH) and Bitcoin Cash (BCH)... Read more »

Swiss bank SEBA with a focus on digital assets now accepts clients from 9 new jurisdictions

More than 10 years after the invention of Bitcoin, there is still a tremendous gap between traditional banking on one side and decentralised finance on the other side. SEBA... Read more »

ACD and Alchemy Launches ACD Cryptocurrency Tokens Across Asia

Alchemy Global Payment Solutions Limited ("Alchemy"), a global cryptocurrency payment pioneer that powers businesses with Asia's first hybrid cryptocurrency and fiat payment... Read more »

MVIS and CryptoCompare Launch the MVIS CryptoCompare Institutional Bitcoin Index

MV Index Solutions (MVIS) in partnership with CryptoCompare, the global leader in digital asset data, today announced the launch of the MVIS CryptoCompare Institutional Bitcoin... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel