Lomond School in Scotland announces acceptance of Bitcoin payments and consideration of establishing a Bitcoin asset reserve, becoming the first of its kind in the UK

According to a report by Golden Finance, Lomond School, a private boarding school in Scotland, announced that it has decided to accept Bitcoin payments after many local and foreign parents requested it, making it the first school in the UK to start accepting Bitcoin payments. It is reported that Lomond School will gradually accept Bitcoin and exchange the received digital currency for British pounds. The school also stated that it will ensure full compliance with UK financial regulations when accepting Bitcoin, and will consider establishing Bitcoin reserves if its usage in the UK expands.