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

Solana Data Insights: Pump.fun Livestream Tokens Generate $4.7M in Creator Fees

Livestream tokens on Pump.fun are rewriting the playbook for creator monetization. They’ve opened a floodgate…

6 hours ago

FTX to Release $1.6 Billion in Third Creditor Distribution

FTX is set to make another round of creditor payouts. Yesterday, the exchange confirmed it…

6 hours ago

Tether Cofounder Reeve Collins Launches $STBL, A Next-Gen Stablecoin Infrastructure

The stablecoin market just got a major shake-up. Reeve Collins, the cofounder of Tether, the…

6 hours ago

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

3 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago