Oregon State (OSW) is one of the new states added to the Bitcoin blockchain on Friday, November 21.
The announcement came from OSU President Mark Rosenblatt in a statement.
He said the state is “committed to advancing the technology and innovation in the Bitcoin industry,” and is looking forward to working with the university.
The University of Oregon (OU) is also adding Bitcoin as an option in its blockchain.
The university is in the process of applying to the Department of Education to create a blockchain consortium.
Bitcoin is also available for purchase through the university’s student loan system.OSU students, faculty, staff and visitors can buy Bitcoin through the bitcoin exchange Coinbase.
The state of Washington is also expanding the use of Bitcoin, announcing on Friday that it will begin accepting Bitcoin in state government.
The state’s new regulations, announced this month, prohibit Bitcoin transactions from being processed through state government agencies, including the Department to provide services to individuals with disabilities.
The State Department said in a press release that it is “evaluating” the regulatory requirements in light of the rapid growth in the use and adoption of Bitcoin by individuals and businesses in Washington.
The State Department noted that Washington is the first state in the country to offer Bitcoin as a payment option for goods and services.
Washington is the only state in Washington state to have a fully operational Bitcoin exchange, according to a statement from the department.
The department will continue to work closely with the Oregon State Bitcoin Exchange to develop regulatory frameworks that will ensure Bitcoin’s ability to operate in the state.OSW’s campus is also the first in the nation to accept Bitcoin, according a statement on the school’s website.
The school will be the first to accept bitcoin for students and faculty.