Lomond School in Scotland becomes the first school in the UK to accept Bitcoin payments and considers establishing a Bitcoin asset reserve
According to The Times, the private boarding school Lomond School in Scotland has announced its decision to accept Bitcoin payments, meaning it will become the first school in the UK to start accepting Bitcoin. It is reported that Lomond School will gradually accept Bitcoin and convert any digital currency received into British pounds. The school also stated that it would ensure full compliance with UK financial regulations when accepting Bitcoin, and if the use of Bitcoin expands in the UK, it would consider establishing a Bitcoin reserve.
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