cryptonews 2025-04-12 12:30:00

Scotland’s Lomond School to Become First in UK to Accept Bitcoin for Tuition

Lomond School in Scotland is set to become the first educational institution in the United Kingdom to accept Bitcoin for tuition payments, starting with the Autumn semester of 2025. The move positions 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 aligns 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 The aim, according to the announcement, is to better equip students for an increasingly uncertain financial future. “Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, particularly for people in developing nations who lack access to traditional banking,” the statement said. “Lomond sees Bitcoin as a perfect 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 feedback from the school community. The announcement also made it clear that other cryptocurrencies will not be accepted at this time. Lomond’s move adds to a growing trend of educational institutions adopting Bitcoin both operationally and academically. JUST IN: Lomond School became the first UK school to accept #Bitcoin for payments. They will “look to build a Bitcoin reserve.” pic.twitter.com/xnBoDBJuip — Bitcoin Magazine (@BitcoinMagazine) April 11, 2025 Several 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 Emerge Across 26 States The adoption of Bitcoin has also found momentum statewide in the U.S. According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active. Just recently, Kentucky Governor Andy Beshear officially signed House Bill 701 , known as the “Bitcoin Rights” bill, into law—making the state one of the latest to enact legislation protecting digital asset users and operations. Other states are making similar moves. Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203), introduced by Representative Cody Maynard, recently passed the House with a 77-15 vote and is awaiting a Senate decision. According to Bitcoin Laws, Oklahoma now ranks alongside Texas in second place in the race to establish state-level Bitcoin reserves. Missouri is also in the mix , with its Special Committee on Intergovernmental Affairs reviewing its own Bitcoin reserve proposal. Likewise, two key Bitcoin bills in Arizona cleared the House Rules Committee on March 24. The post Scotland’s Lomond School to Become First in UK to Accept Bitcoin for Tuition appeared first on Cryptonews .

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