Latin America-Focused Legal Consultancy to Accept Cryptocurrency as Payment

Gericó Associates, a Madrid-based marketing and business development consultancy for law firms that operate in Europe and Latin America, plans to accept cryptocurrency as a form of payment starting in January.

The shift comes at the request of firms, especially in Latin America, where some governments limit the amount of local currency that may be exchanged for global currencies such as the U.S. dollar and the euro.

Managing partner Marc Gericó said the consultancy will accept what it views as the two most solid cryptocurrencies on the market: Bitcoin and Ethereum.

Gericó believes that taking cryptocurrency as payment will reduce