Lomond School Becomes First UK School to Accept Bitcoin Payments
- Lomond School will start accepting Bitcoin for school fees from the autumn term of 2025.
- The school has partnered with FCA-approved providers CoinCorner and Musquet for Bitcoin transactions.
- Payments received in Bitcoin will initially be converted into GBP to build an asset reserve.
- Europe leads globally with over 50 banks offering digital asset services, highlighting a broader crypto adoption trend.
- Mastercard and Kraken have partnered to facilitate crypto payments across the UK and Europe.
Lomond School’s decision to accept Bitcoin reflects the increasing demand for alternative payment methods, aligning with Europe’s growing interest in cryptocurrency initiatives.
Source (2.6)https://coingape.com/uk-school-to-accept-bitcoin-payments-amid-soaring-global-btc-adoption/?rand=24432
