School to become first in UK to accept Bitcoin | Lomond School in Scotland

 

Crypto news today

The move puts the school at the forefront of digital currency adoption in education and signals a broader commitment to teaching students about financial innovation.


The Lomond School in Scotland is set to become the first educational institution in the United Kingdom to accept bitcoin for tuition payments starting in the autumn semester of 2025.

The move puts the school at the forefront of digital currency adoption in education and signals a broader commitment to teaching students about financial innovation.


The school announced that the initiative is in line with its efforts to incorporate “sound money principles” derived from the Austrian School of Economics into its curriculum.


School says bitcoin tuition aims to prepare students for uncertain financial future

Mine bitcoin 

According to the announcement, the aim is to better prepare students for an increasingly uncertain financial future.


“Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, especially for those in developing countries who do not have access to traditional banking,” the statement said.


 “Lommond sees Bitcoin as an ideal real-world case study in economics, computing, ethics, and innovation.” While the school currently plans to convert Bitcoin payments to fiat immediately, it has not ruled out the possibility of creating a BTC treasury fund in the future depending on the feedback it receives from the school community.


The announcement also clarified that other cryptocurrencies will not be accepted at this time.


Lommond’s move adds to the growing trend of educational institutions adopting Bitcoin operationally and pedagogically.


Many universities around the world have begun offering courses on Bitcoin and blockchain, while others have incorporated BTC into their financial strategies.


In the U.S., the University of Cincinnati began offering crypto-focused courses in 2022.


In El Salvador, Bitcoin education was integrated into the national curriculum through a partnership with Mi Primer Bitcoin in 2023.


 More recently, the University of Wyoming launched a Bitcoin research institute in 2024, and in early 2025, the University of Austin allocated $5 million of its $200 million endowment to BTC investments.


41 Bitcoin Reserve Bills Introduced in 26 States

Bitcoin adoption has also accelerated in the U.S.


According to Bitcoin Law Data, 47 Bitcoin reserve bills have been introduced in 26 states, 41 of which are currently active.


Recently, Kentucky Governor Andy Beshear officially signed House Bill 701, known as the “Bitcoin Rights” bill, into law – making this state one of the latest states to enact legislation to protect digital asset users and operations.


Other states are taking similar steps.  Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203), introduced by Representative Cody Maynard, recently passed the House by a 77-15 vote and awaits the Senate’s decision.


According to the Bitcoin Law, Oklahoma is now tied for second place with Texas in the race to establish a state-level bitcoin reserve.


Missouri is also in the race, with its Intergovernmental Affairs Special Committee reviewing its own bitcoin reserve proposal.


Similarly, two major bitcoin bills in Arizona were approved by the House Rules Committee on March 24.

0 Comments

Post a Comment

Post a Comment (0)

Previous Post Next Post