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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 29, 2021, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
Jul 29, 2021, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
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