Categories: NewsUncategorized

Microsoft will continue bitcoin support, after inaccurate information was posted online

Remember when the entire media reported on the case of Microsoft no longer accepting bitcoin payments? Well, for some reason, it seems like they have changed their minds.

Recent reports indicate that in a press statement, Microsoft has clarified that nothing has actually changed, and that bitcoin support is still available. This means that users are still able to load up bitcoin for purchases made in the Windows 10 store, without encountering any issues whatsoever.

Microsoft said that: “We continue to support Bitcoin for adding money to your Microsoft Account which can be used for purchasing content in the Windows and Xbox stores. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.”

At this moment in time, it remains unclear whether Microsoft is in fact planning to stop bitcoin support in the near future. Additionally, there is also little to no information on its customers using the cryptocurrency, which is why an analysis on whether using the digital currency as a means of accepting payment is viable for the company or not.

Related Post

Since December 2014 when Microsoft added Bitcoin support via BitPay until now, there have been no issues whatsoever with the platform. Now that things have been clarified, we’re excited to see where this is heading.

What do you personally think about Microsoft’s rectification? Let us know your thoughts in the comment section below.

If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

Bitcoin Crashes Below $67,000 as $700 Million Wiped From Crypto Market in Hours

Bitcoin is bleeding. The world's largest cryptocurrency plunged to $66,997 on Tuesday, shedding over $6,750…

11 hours ago

Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap

Ripple is not pausing for breath. The company has brought its dollar-pegged stablecoin, $RLUSD, to…

14 hours ago

Bitwise Launches Its First Tokenized Fund With $259M in Assets and 4% Annual Yield

Bitwise Asset Management has just made its first move into tokenized funds, and it comes…

1 day ago

Binance Launches US Stocks and ETFs Trading for Non-US Users With Zero Commission

Binance just made a move that blurs the line between crypto exchange and traditional brokerage…

2 days ago

NEAR Protocol Ships Confidential Payments, Crosses $19B in Intents Volume, and Partners With Bermuda Government

NEAR Protocol has had a month that most blockchain projects would stretch across an entire…

2 days ago

Chainlink Records 7 New Integrations Across 6 Services and 4 Chains

Something is becoming increasingly clear about Chainlink, the integrations are not slowing down. The protocol…

2 days ago