Microsoft apologizes: We still accept Bitcoin

Microsoft apologizes: We still accept Bitcoin

Technology company Microsoft was forced to apologize on Monday after it unexpectedly announced it would no longer accept Bitcoin, CNBC reported.

Earlier this week, the software giant mistakenly stated that it had stopped accepting Bitcoin payments, however, contrary to the statement, Microsoft users are still able to use Bitcoin to purchase content in the Windows and Xbox stores.

"We apologize for the inaccurate information that was inadvertently posted on Microsoft sites," a Microsoft spokesperson told reporters.

Previously, an announcement appeared on Microsoft's website stating that it would no longer accept users to use Bitcoin to consume Windows 10 and Windows 10 Mobile products. However, now the announcement has been deleted .

“You can no longer cash out Bitcoin to your Microsoft account,” the bug announcement said. “Existing balances in your account can still be used in the Microsoft Store, but they cannot be refunded.”

In December 2014, Microsoft began accepting Bitcoin for purchases of Windows 10 in its stores from users in the United States. These transactions were conducted through the Bitcoin payment processor BitPay.

BitPay said it saw a 110 percent increase in bitcoin transaction volume in 2015 compared to the same period last year.

BitPay did not immediately respond to CNBC’s request for comment.

Original text: http://www.cnbc.com/2016/03/14/microsoft-stops-accepting-bitcoin-on-windows-10.html
Author: Althea Chang
Translator: Overnight porridge
Source (translation): Babbitt Information (http://www.8btc.com/microsoft-bitcoin-2)


<<:  8 ways blockchain technology is changing mobile payments

>>:  Unicorn! Ethereum's market value reaches 1 billion US dollars!

Recommend

The next big breakthrough in blockchain: What we should be watching for

Every four years, a few months after the Bitcoin ...

How to tell a woman's beard from her face

Usually only men grow beards, but in fact some wo...

Two WIN10 systems necessary for mining

I have nothing to do today, so I'll talk abou...

How to tell the time of marriage from face reading

When the wedding date is, how early or late the m...

A woman born with peach blossoms

A woman born with peach blossoms Wide eyebrow dis...

How is the financial fortune of women with prominent brow bones in middle age?

Some people may not have good fortune in their yo...

What does a birthmark on your hand mean?

In our daily life, birthmarks are a very common p...

Nebraska lawmaker introduces bill to allow state banks to store cryptocurrencies

U.S. Senator Mike Flood of Nebraska has introduce...