Microsoft stops accepting bitcoin on Windows 10

Nearly a year after announcing it would treat bitcoins as a valid form of payment, Microsoft has stopped accepting the virtual currency from Windows 10 and Windows 10 mobile users.

Microsoft hasn’t officially commented on the move, but tech site Softpedia caught on to the news Sunday. Microsoft later followed up with post on its website.

“You can no longer redeem Bitcoin into your Microsoft account,” the post read. “Existing balances in your account will still be available for purchases from Microsoft Store, but can’t be refunded.”

The notice did not specify whether other versions of Windows still supported bitcoin payments.

In December 2014, Microsoft began accepting bitcoins for Windows 10 store purchases from users in the United States. Transactions were made through the bitcoin processor BitPay.

BitPay said it saw the volume of bitcoin transactions grow 110 percent in 2015 versus a year earlier, according to a blog post this January.

Neither Microsoft nor BitPay immediately responded to CNBC’s requests for comment.

 Varchev Traders

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