Microsoft apologizes for confusion, says it will continue to support Bitcoin

UPDATE: March 15, 2016, 8:54 a.m. CET Microsoft got back to us with a statement, saying the information posted on its website was inaccurate. 

“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. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected,” a company spokesperson told Mashable.

It seems Microsoft is jumping off the Bitcoin bandwagon.

The company’s online store has quietly announced — via a FAQ update — that it’s no longer accepting the cryptocurrency. 

SEE ALSO: The Bitcoin blockchain: Could it be the biggest invention since the Internet?

“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,” says a note in the Microsoft Store FAQ. 

Microsoft did not officially announce the change anywhere else. 

Softpedia notes, however, that another entry in the same FAQ still has instructions on how to add money to your Microsoft account with Bitcoin. 

Microsoft added support for Bitcoin to its online store in Dec. 2014, when the value

Read more ... source: TheBitcoinNews