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Principle Signed for Bitcoin in the United Kingdom: Starting Fall 2025! - Coin Bulletin
Lomond School in Scotland is setting a precedent in the United Kingdom by starting to accept school fees in Bitcoin (BTC) from the autumn term of 2025.
Lomond School is one of the prestigious and long-established educational institutions located in the Helensburgh area of Scotland. In a recent announcement, the school stated that starting from the autumn term of 2025, it will accept payments from parents and students in Bitcoin. Thus, Lomond School will become the first school in the United Kingdom to accept tuition fees in cryptocurrency.
The school administration stated that for now, it will only accept payments in Bitcoin and that it has no plans for other cryptocurrencies. Additionally, Lomond School officials explained that they will not immediately convert incoming Bitcoin payments into pounds or other traditional currencies, but will hold the cryptocurrency directly.
Lomond School may consider the idea of creating a Bitcoin treasury based on feedback from parents and community members in the future. Such a move could further advance the school's financial strategy while increasing interest in and acceptance of cryptocurrencies.
This move is seen as an important indicator of the increasing interest in digital assets in the education sector and the expanding use of cryptocurrencies in daily life. The decision made by Lomond School may pave the way for similar institutions to adopt Bitcoin payments.