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Bitcoin Enters UK Education as Lomond School Pioneers

  • Lomond School in Scotland becomes the first in the UK to accept Bitcoin as payment for tuition fees.
  • Bitcoin payments are immediately converted into pounds sterling using FCA-registered providers to eliminate volatility risk.
  • This decision was made due to requests from parents, particularly those living abroad, for whom Bitcoin payments can be more cost-effective.
  • The move towards Bitcoin adoption extends beyond schools, with companies and industry experts predicting widespread acceptance in various sectors.

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