Scotland's Lomond School accepts Bitcoin for tuition payments, a first in the UK

2 months ago

Bitcoin expands its footprint successful acquisition systems worldwide done program integrations and institutions establishing BTC treasuries.

Scotland's Lomond School accepts Bitcoin for tuition payments, a archetypal  successful  the UK

The Lomond School successful Scotland volition judge Bitcoin (BTC) tuition payments opening successful the Autumn semester of 2025, making it the archetypal schoolhouse successful the United Kingdom to bash so.

Accepting Bitcoin is portion of the school's program to integrate “sound wealth principles” from the Austrian School of Economics into the program to "prepare students for the uncertain future,” the announcement reads, adding:

"Bitcoin is disposable to anyone consenting to larn — making it much antiauthoritarian and inclusive, peculiarly for radical successful processing nations who deficiency entree to accepted banking. Lomond sees Bitcoin arsenic a cleanable real-world lawsuit survey successful economics, computing, ethics, and innovation."

The schoolhouse has nary plans to judge different cryptocurrencies, and volition person the BTC to fiat currency immediately, according to the announcement. It mightiness found a BTC treasury successful the future, pending input from the Lomond community.

Lomond's announcement highlights the increasing tide of institutions adopting Bitcoin arsenic a hedge against ostentation amid turmoil successful the planetary fiscal order.

Education, United Kingdom, Bitcoin Adoption

Value of the British lb (GBP) 1209-2025. Source: Statista

Related: Swedish MP proposes Bitcoin reserve to concern minister

Bitcoin dilatory makes its mode done the acquisition system

Bitcoin is present portion of the program successful respective schools and universities; immoderate of these institutions person besides adopted a BTC treasury strategy to support reserves against the corrosive effects of ostentation connected purchasing power.

In 2022, the University of Cincinnati added crypto courses to its program to thatch students astir BTC and emerging Web3 technologies.

Mi Primer Bitcoin, a Bitcoin acquisition initiative, partnered with the Ministry of Education successful El Salvador successful 2023 to integrate Bitcoin education into the schoolhouse system.

Education, United Kingdom, Bitcoin Adoption

Visual of Bitcoin’s hard proviso headdress expressed done successive halving events. Source: River

The University of Wyoming launched the Bitcoin Research Institute successful July 2024 to behaviour peer-reviewed world studies astir the decentralized integer asset.

In February 2025, the University of Austin announced that its endowment money allocated $5 cardinal to BTC investments. The university's endowment money has astir $200 cardinal successful assets nether management.

Chun Lai, the endowment fund's main concern officer, said the money wanted BTC vulnerability to capitalize connected the fiscal upside of integer assets arsenic crypto experiences accrued organization adoption.

Magazine: TradFi fans ignored Lyn Alden’s BTC extremity — Now she says it’ll deed 7 figures: X Hall of Flame

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