Update: The Windows App Store is going to continue allowing customers to purchase apps with Bitcoin, Microsoft confirmed to Tech Crunch a few hours ago. The information displayed on the Microsoft website is not correct, according to a representative.
Bitcoin promised to be THE currency for online payments in the future, with a few high profile companies supporting the virtual currency. Unfortunately, one of the biggest companies has silently removed its support for Bitcoin, a move that may have some consequences in the future.
Without any real announcement, Microsoft has removed the Bitcoin payment option from the Windows App Store, meaning that it’s no longer possible to use the virtual currency to purchase apps and games. Any existing balance is still going to be available for purchases, but it cannot be refunded, according to Microsoft.
You can no longer redeem Bitcoin into your Microsoft account. Existing balances in your account will still be available for purchases from Microsoft Store, but can’t be refunded.
Microsoft hasn’t said much about its current stance on the matter. The company originally added the payment option to give people more options and help them do more on their devices. As the currency is often associated with criminal activities, this might be the reason why Microsoft has removed this payment option from the Windows App Store.
As existing balances can still be used to make purchases at time, but cannot be refunded, we suggest you think carefully about what to purchase with Bitcoin on the Windows App Store. We’ll let you know more about the whole matter as soon as more comes in on it.