A Dubai School Accepts Parents to Pay Tuition Fees in Bitcoin and Ethereum
Dubai, the heaven for crypto
A new school in Dubai named Citizens School has announced that it would take cryptocurrencies as a form of payment, making it the first in the Middle East to do so.
Citizens School, which is set to open in September 2022 and is following Dubai’s recent adoption of its first law regulating virtual assets, will accept payments in the two major cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), providing parents with flexible payment options, according to a statement from the school.
Dr. Adil Alzarooni, Founder of Citizens School, said: “A while ago, cryptocurrency was only a floating term among well-versed investors. However, today cryptocurrency is becoming much more mainstream, reshaping the traditional financial system. Similarly, Citizens is disrupting the education sector by re-imagining every element of the learning experience – be it the way our children learn, how we equip our teachers to be mentors, what our learners choose to wear, or the ways that parents can pay for tuition.”
“By introducing this new payment facility, we look forward to enhancing the role of young generations in achieving the UAE’s digital economy. As more people embrace the era of digitalisation, today’s children will become the entrepreneurs and investors of tomorrow,” he added.
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