Virgin Galactic to accept bitcoins

Those heading to space with Virgin Galactic can now pay for their flight using the digital currency bitcoin, Virgin head Richard Branson said today.

A woman from Hawaii has already used bitcoin to pay for her flight, the company says.

Read: First bitcoin ATM opens in Vancouver

Branson notes he’s invested in bitcoins, and thinks the concept of an online currency is fascinating.

A university in Cyprus is also accepting bitcoins as a way for foreign students to pay their tuition without the hassle of exchange, the Associated Press reports.

The U.S. Justice department and the Treasury sold Senators at a government hearing this week that Bitcoins are a promising currency.

Read more here.

Also read:

Bitcoin goes to Washington

Online currency, real-world taxes

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.