Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Barclays broke new ground this week by becoming the first bank to accept bitcoin. But dont get too excited, the UK bank is only taking baby steps.Under a pilot scheme, people will only be allowed to use the crypto currency to make donations. The Wall Street Journal reports that Barclays is teaming up with bitcoin startup Safello to build a program that allows charities to accept bitcoin.
Barclays is keeping the details close to its chest for now, but this move is a big boon to bitcoins legitimacy. It also galvanizes Barclay's reputation as a fintech pioneer.
Courtesy of nexchange.com