Lomond School Becomes First UK School to Accept Bitcoin for Tuition Payments
- Lomond School will accept Bitcoin for tuition starting in Autumn 2025.
- Bitcoin payments will convert to fiat immediately, with a BTC treasury possible later.
Lomond School in Scotland will become the first educational institution in the UK to accept Bitcoin for tuition payments. The new policy begins in the Autumn semester of 2025. The move reflects the school’s push to stay ahead in financial innovation and digital currency adoption.
The school said it aims to prepare students for a volatile financial future. It plans to integrate “sound money principles” from the Austrian School of Economics into its curriculum. While Bitcoin will be accepted, other cryptocurrencies will not. All Bitcoin payments will be converted to fiat currency immediately.
The school also emphasized Bitcoin’s inclusivity. According to its announcement, Bitcoin is open to anyone and promotes financial access, especially in regions lacking traditional banking services. Lomond views this as an opportunity to teach ethics, technology, and financial literacy together.
Bitcoin Gains Ground in Global Education
Globally, more educational institutions are embracing Bitcoin both operationally and academically. In 2022, the University of Cincinnati launched courses on crypto and Web3 technologies. A year later, El Salvador incorporated Bitcoin education into its national curriculum through the Mi Primer Bitcoin initiative.
In 2024, the University of Wyoming launched a Bitcoin Research Institute. The institute will focus on peer-reviewed studies of the digital asset. In early 2025, the University of Austin allocated $5 million from its $200 million endowment to Bitcoin investments.
Chun Lai, the university’s chief investment officer, said the fund aims to benefit from long-term digital asset growth. Institutions are increasingly viewing Bitcoin as a hedge against inflation and fiat currency devaluation.
Meanwhile, Bitcoin adoption is growing in the U.S. at the state level. According to Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states. Out of those, 41 bills remain active.
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Lomond School Becomes First UK School to Accept Bitcoin for Tuition Payments
- Lomond School will accept Bitcoin for tuition starting in Autumn 2025.
- Bitcoin payments will convert to fiat immediately, with a BTC treasury possible later.
Lomond School in Scotland will become the first educational institution in the UK to accept Bitcoin for tuition payments. The new policy begins in the Autumn semester of 2025. The move reflects the school’s push to stay ahead in financial innovation and digital currency adoption.
The school said it aims to prepare students for a volatile financial future. It plans to integrate “sound money principles” from the Austrian School of Economics into its curriculum. While Bitcoin will be accepted, other cryptocurrencies will not. All Bitcoin payments will be converted to fiat currency immediately.
The school also emphasized Bitcoin’s inclusivity. According to its announcement, Bitcoin is open to anyone and promotes financial access, especially in regions lacking traditional banking services. Lomond views this as an opportunity to teach ethics, technology, and financial literacy together.
Bitcoin Gains Ground in Global Education
Globally, more educational institutions are embracing Bitcoin both operationally and academically. In 2022, the University of Cincinnati launched courses on crypto and Web3 technologies. A year later, El Salvador incorporated Bitcoin education into its national curriculum through the Mi Primer Bitcoin initiative.
In 2024, the University of Wyoming launched a Bitcoin Research Institute. The institute will focus on peer-reviewed studies of the digital asset. In early 2025, the University of Austin allocated $5 million from its $200 million endowment to Bitcoin investments.
Chun Lai, the university’s chief investment officer, said the fund aims to benefit from long-term digital asset growth. Institutions are increasingly viewing Bitcoin as a hedge against inflation and fiat currency devaluation.
Meanwhile, Bitcoin adoption is growing in the U.S. at the state level. According to Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states. Out of those, 41 bills remain active.
Highlighted Crypto News Today
Sei Token Encounters 11% Single-Day Surge Post Trump’s WorldFi Purchase
Read More
Is Bitcoin’s Bull Run Confirmed? Not Until It Clears This $88k Hurdle