Earlier today, it was widely reported that Microsoft is pulling support for Bitcoin transactions online. BleepingComputer reported that Microsoft had removed the ability to add money to your Microsoft Account using Bitcoin due to the recent surge in the currency’s volatility.
The move was only a temporary measure, though. Microsoft is bringing back support for Bitcoin as a payment method online, letting you add money to your Microsoft Account using Bitcoin for purchases made on the Microsoft Store. “We’ve restored Bitcoin as a payment option in our store after working with our provider to ensure lower Bitcoin amounts would be redeemable by customers,” a Microsoft spokesperson confirmed the change in a statement.
This isn’t the first time Microsoft has temporarily stopped Bitcoin transactions — two years ago, the company had temporarily pulled Bitcoin as a payment method from its store, only bringing it back a few days later. Today’s event isn’t any different.