Published on September 1st, 2015 | by bitcoin0
Bitcoin introduces Cryptocurrency, cited by Barclays
Barclays has announced that it will start testing bitcoin, citing the digital currency’s “potential to change financial services”.
Derek White, the UK bank’s chief design and digital officer, told the Sunday Times that a partnership with a bitcoin exchange had been sought following research into cryptocurrency in its London offices.
The unnamed bitcoin exchange will assist charities looking to accept bitcoin as a payment method, though no further details were given.
Barclays did not respond to a request for comment from IBTimes UK by the time of publication.
Two separate spaces are used by Barclays for bitcoin and blockchain research, one in Notting Hill and the other in Old Street.