British University to Accept Bitcoin as Payment for Some Courses

The University of Cumbria, a seven-year-old institution in Britain, said on Tuesday it would accept bitcoin as payment for some courses, the latest in a growing list of companies and organizations around the world that use the virtual currency.

The move is an exercise in learning by doing, university officials said in a written statement. Bitcoin, a decentralized currency exchanged on the Internet without an intermediary such as a bank or broker, will be accepted for two certificate program...