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HONG KONG-LIFESTYLE-BITCOIN
The first bitcoin retail shop in Hong Kong on February 28, 2014. Photograph by Philippe Lopez — AFP/Getty Images

Microsoft Will Continue to Support Bitcoin After All

Mar 15, 2016

Microsoft(msft) has denied its own notice that it is scrapping bitcoin as a means of topping up users' store accounts.

The company had put a short notice online saying users could "no longer redeem bitcoin" into their accounts. However, after the world noticed this statement, Microsoft said it was all a mistake, and it would continue to accept top-ups in the virtual currency.

“We continue to support bitcoin for adding money to your Microsoft account which can be used for purchasing content in the Windows and Xbox stores," Microsoft said. "We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.”

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Indeed, the notice in question has now disappeared.

Microsoft introduced the bitcoin payment feature at the end of 2014, when the cryptocurrency was somewhat more hyped than it is now. Banks are still very excited about the underlying technology, but bitcoin itself is yet to really hit the mainstream.

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