Barclays denies plans to accept bitcoin

Now Accepting | September 16, 2015 By:

Barclays has denied it will accept Bitcoin later this year as reported in numerous publications.

Numerous publications reported that Barclays would work with an un-named Bitcoin exchange and that, at first, only charities would be able to pay bitcoin into Barclays accounts.

Cryptocoinsnews.com said they received an email from Barclays regarding the reports, and the bank promptly denied any such plans.

Candice Macdonald, Barclays vice president of group media relations said, “Barclays is not accepting or holding any Bitcoin as some outlets have suggested. No Bitcoin is travelling through Barclays systems.”

Barclays is a British multinational banking and financial services company headquartered in London.