Bitcoins has started to be accepted by Barclays – Bitcoints

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Published on September 2nd, 2015 | by bitcoin

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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.
Derek
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
intermediary.
UBS is studying the “block chain”, or database, which records
all bitcoin transactions.

Source: Www.thesundaytimes.co.uk

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