Bitcoins has started to be accepted by Barclays – Bitcoints


Published on September 2nd, 2015 | by bitcoin


Bitcoins has started to be accepted by Barclays

Bitcoins has started to be accepted by BarclaysBarclays has been conducting experiments into bitcoin in “labs” in London, and
working with start-ups.
It now plans to test the virtual currency, allowing
people to make donations to charities in bitcoin.
The bank has gone into partnership with a “bitcoin exchange”, or spending
platform, and aims to begin the experiment by the end of the year.
White, chief design and digital officer at Barclays, said: “Barclays is
enabling the bitcoin exchange to help charities accept bitcoin.”

Barclays is not the only bank looking into bitcoin, which is seen as a way to
carry out transactions immediately without relying on a bank or
UBS is studying the “block chain”, or database, which records
all bitcoin transactions.


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