Scotland's Lomond School accepts Bitcoin for tuition payments, a first in the UK
The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so.Accepting Bitcoin is part of the school's plan...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so.
Accepting Bitcoin is part of the school's plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to "prepare students for the uncertain future,” the announcement reads, adding:
"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. Lomond sees Bitcoin as a perfect real-world case study in economics, computing, ethics, and innovation."The school has no plans to accept other cryptocurrencies, and will convert the BTC to fiat currency immediately, according to the announcement. It might establish a BTC treasury in the future, pending input from the Lomond community.
Lomond's announcement highlights the growing tide of institutions adopting Bitcoin as a hedge against inflation amid turmoil in the global financial order.
Value of the British pound (GBP) 1209-2025. Source: Statista
Related: Swedish MP proposes Bitcoin reserve to finance minister
Bitcoin slowly makes its way through the education systemBitcoin is now part of the curriculum in several schools and universities; some of these institutions have also adopted a BTC treasury strategy to protect reserves against the corrosive effects of inflation on purchasing power.
In 2022, the University of Cincinnati added crypto courses to its curriculum to teach students about BTC and emerging Web3 technologies.
Mi Primer Bitcoin, a Bitcoin education initiative, partnered with the Ministry of Education in El Salvador in 2023 to integrate Bitcoin education into the school system.
Visual of Bitcoin’s hard supply cap expressed through successive halving events. Source: River
The University of Wyoming launched the Bitcoin Research Institute in July 2024 to conduct peer-reviewed academic studies about the decentralized digital asset.
In February 2025, the University of Austin announced that its endowment fund allocated $5 million to BTC investments. The university's endowment fund has approximately $200 million in assets under management.
Chun Lai, the endowment fund's chief investment officer, said the fund wanted BTC exposure to capitalize on the financial upside of digital assets as crypto experiences increased institutional adoption.
Magazine: TradFi fans ignored Lyn Alden’s BTC tip — Now she says it’ll hit 7 figures: X Hall of Flame
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Polygon Labs Nears Coinme Integration to Accelerate Blockchain Payments Strategy
Key Takeaways: Polygon is closing its Coinme deal and moving away from blockchain payment solutions. As part of the company’s prof...
AI agents employ $24M market to act smarter as agentic crypto payments spread online
Lincoln Murr asked his AI agent to send some Twitter articles to his Kindle, copying a trick he'd seen suggested online. The agent...
SEC E-Delivery Plan Could Change How Crypto Fund Disclosures Reach Investors
The SEC is pushing further into electronic delivery for investment disclosures, a move that could matter for crypto funds as much...
BitPay Secures EU-Wide MiCA License, Unlocking Regulated Crypto Payments Across 27 Nations
Key Takeaways: BitPay has received a MiCA license from the Dutch AFM. The decision will allow regulated crypto services throughout...
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
Dutch crypto exchange Knaken's operating company and its affiliated payments foundation entered court-controlled bankruptcy on Jul...
Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M
Crypto ETF demand split sharply on Thursday, July 16, as bitcoin products drew $79.15 million while ether funds lost $28.04 millio...