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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



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KaDeWe filed for insolvency at the end of January due to issues within Signa Group.
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The Meeting Place spans approximately 256,000 square feet and includes Saluhall along with other offerings like Hej!Workshop.
Apr 11, 2024, China:
Lacoste has emerged victorious in its trademark infringement lawsuit against the Chinese brand Cartelo.
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Coach has lodged a trademark infringement complaint against Gap Inc.
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Retailer is set to expand its presence in the United States by opening stores in Texas and California.
Apr 5, 2024, Israel:
McDonald's reiterated its commitment to the Israeli market and ensuring favorable conditions for employees and customers.
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