Lomond School in Scotland is making a first in the #UK by accepting Bitcoin ($BTC ) as tuition fees from autumn 2025.
Lomond School is one of the long-established and prestigious education institutions located in Helensburgh, Scotland. In a new statement, the school announced that it will accept Bitcoin payments from parents and certificates from 2025. Thus, Lomond School will be the first school in the UK to accept cryptocurrency as tuition fees.
The school management stated that they will only accept Bitcoin payments for now and that they have no plans for other cryptocurrencies. In addition, Lomond School members confirmed that they will not immediately convert incoming Bitcoin payments into pounds or other traditional currencies, but will hold the cryptocurrency directly.
In the future, Lomond School may consider creating a Bitcoin treasury based on feedback from parents and community members. Such a step could further decentralize the system's financial strategy and increase interest and acceptance in cryptocurrencies.
This move is considered an important indicator of the increasing interest in digital assets in the education sector and the expansion of the use of cryptocurrencies in daily life. This decision by Lomond School could open the door to similar cells adopting Bitcoin payments.
