An Edinburgh music school will begin to accept tuition payments in the form of cryptocurrency.
A Scottish music school will begin accepting cryptocurrency as tuition payment following demand from students, it was announced this week. The Morningside School of Music in Edinburgh said it was responding to suggestions from adult pupils in the school, many of whom now work in the city’s burgeoning fintech sector.Morningside’s director, Linda Boyd, said the school had previously used cryptocurrencies like Bitcoin (BTC) to make business purchases and could see the utility in accepting it as a form of payment. She said, “We sometimes use things like Bitcoin to pay for goods for the school, so we know how fast and easy it is and want our music students to be able to do the same.”Boyd said the school’s decision to accept cryptocurrency was an example of a small business following the recent example set by large businesses,
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