Microsoft Store drops Bitcoin payment option
by from Techreport on (#172KC)
In 2014, Microsoft made a move to accept Bitcoin for Microsoft Store transactions, using BitPay as a middleman. Now, that relationship seems to be coming to an end. Without much fanfare, Microsoft has removed Bitcoin as a payment option. The company only offered a two-sentence explanation for the change in its FAQ for the Microsoft Store. Past purchases made with Bitcoin are now non-refundable thanks to the change.
A variety of competing crypto-currencies , increasing regulatory burdens , and price volatility all might have made the continued acceptance of Bitcoin a less-than-appealing prospect for Microsoft. While Bitcoin is ...