Lomond School becomes the first school in the UK that accepted the Bitcoin payments

Lomond School proclaims parents to pay tuition in Bitcoin, starting from autumn, in a landmark, which makes it first school in Great Britain to accept Bitcoin payments.

According to a report In an independent school management site, co-education school became the first school in the UK to accept Bitcoin (Btc) for tuition fees. Located in the Scholar town of Helensburgh, the school provides education for students older than three to 18 years.

In order for BTC an acceptable payment option, Lomond School teamed up with Bitcoin to provider payment payment menu and FCA– Regulated virtual asset for property and FIAT POINKET COINCORNER.

Initially, the school stated that it would convert all Payments Bitcoin directly to British Pound Sterling to alleviate all currency risks. However, it is also said that in the near future in the near future to build a reservation for Bitcoin, when Cripto received a wider acceptance in UK.

The main director of Lomond Claire Chisholm announced the decision at the Bitcoin National Conference, Cheatcode. In her speech, she explained that the school was Trailblazer in many “first”, because it was the first internal boarding to buy both boys and girls and accepted an international curriculum.

“Generations, this school nurtured examiners, thinkers, communicators and open risks. It is a really surprise, then a television inventor, a former student,” Chisholm said.

At the time of pressure, Bitcoin currently values ​​about $ 82,117, and increased by 0.42% in the last 24 hours of trading. In the past week, the largest cryptocurrency of the market cap falls by 0.7%. At the beginning of the year, BTC has reached new all the time of high time to $ 108,786.

According to the report, Lomond School hopes that the new payment option will be complaining with families, both in the local and international market. Several local families and international funds for education allegedly lobbied for Bitcoin as an alternative payment option on Lomond.

For internationally based families, especially the ability to pay tuition in Bitcoin helps remove the uncertainty that comes with international foreign exchange courses. The school hopes that a new initiative will attract more families thinking in place locally as those around the world.

Earlier this year, India BIRLA Institute for Management Technology launched His first cryptocurrency for use on campus. Dubbed BimCoin, the token facilitates transactions between students, suppliers and administrators. It also serves as a practical tool for students to explore the use of blockages and digital finances.