Published on September 2nd, 2015 | by bitcoin0
Bitcoin UK now accepted at Barclays
Barclays, one of the the UK’s largest banks, will begin to accept Bitcoin later this year.
Unless another high street bank rushes to accept Bitcoin, Barclays is set to become the first major bank in the UK, US, and Europe to accept Bitcoin.
Like most companies and organisations that decide to accept Bitcoin, Barclays won’t deal directly with the cryptocurrency—rather, the bank will work with an as-yet-unknown Bitcoin exchange.
To begin with, the roll-out will be slow: only charities will be able to pay bitcoins into Barclays bank accounts.
With Barclays looking like it will be the first mover, we wouldn’t be surprised if other major banks follow suit in the UK and US.