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First UK retailer to accept Bitcoin



Computer Exchange (CeX) is the first retailer to allow the trade of sterling for Bitcoin at their stores. Shoppers are shown how to exchange their pounds for the virtual currency.
The Bitcoin value constantly fluctuates, but this is overcome by an adjustment to reflect the variance between the currencies.

Bitcoin was developed by a Japanese businessman during 2009 and allows for easy transfer of funds throughout the world. Unlike normal currencies, it is not controlled by the government or other organisations.

CeX is using this system at their Glasgow branch for around three days, but it has already received good reviews. Shoppers have found it easy to use with initial help from staff.

This method of payment is gaining popularity in the UK with online stores and a taxi business in Edinburgh already using it.

The senior manager for CeX has stated that the trial for Bitcoin is relevant in view of the referendum on Scottish independence. People are concerned about the currency they will have to use in future, and this new currency may be the answer.

More about shopping malls in the USA



Jul 9, 2020, Poland:
The coffee chain from Israel opens its first representative office in Europe and Brazil.
Jul 8, 2020, USA:
Following the announcement of the launch of a subscription service worth less than $100 per year, retail network shares increased by 7%.
Jul 8, 2020, USA:
American fashion brands Lucky Brand and G-Star Raw filed for bankruptcy and joined the so-called "march of bankruptcy" retailers.
Jul 7, 2020, Sweden:
The Swedish fashion retailer has decided to adjust its global retail network against the backdrop of the recent crisis.
Jul 3, 2020, Sweden:
The new, innovative website will be a playground for anyone who wants to experiment with the design of their homes.
Jul 3, 2020, USA:
Customers in shopping malls will be able to get a full-body scan in 10 seconds and get their exact measurements from different brands.
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