Bitcoin Gift to U. of Puget Sound Could Be a First

By Danya Perez-Hernandez. The University of Puget Sound, a private institution in Tacoma, Wash., has received a $10,000 Bitcoin donation that could be the first to a college in the United States. The digital currency was transferred to the university last week and converted into dollars using the e-commerce processor BitPay. The gift was made by Nicolas Cary, chief executive of the Bitcoin site Blockchain and a Puget Sound alumnus. He said he had always wanted to give back to the university and had used Bitcoin because it’s the main currency in his life and career. Read more...