News

Bentley University Has Approved Cryptocurrency Tuition Payments.

Bentley University in Waltham, Massachusetts, is one of the first educational institutions in the world to accept tuition fee payments in Bitcoin (BTC), Ethereum (ETH), and the stablecoin USD Coin (USDC).

Bentley University Has Approved Cryptocurrency Tuition Payments.

Despite the fact that the cryptocurrency market is currently on the fall, governments and institutions around the world are increasingly accepting of digital assets, including a small private university outside of Boston, Bentley University.

The business school will accept these payments thanks to a partnership with Coinbase, one of the world’s largest cryptocurrency exchanges (and the largest in the United States). It also intends to accept cryptocurrency donations and gifts.

Alex Kim, a Bentley student and early cryptocurrency enthusiast who founded the Bentley Blockchain Association in the autumn of 2021, commented on the latest development, saying:

“Students have a real interest in knowing more about blockchain, decentralized finance and cryptocurrency investments. These technologies are influencing the industries where they will be working.”

Bentley University has also introduced a new crypto finance course that will begin in the autumn of 2022 and will focus on blockchain applications and decentralized finance in response to student demand (DeFi).

Bentley University Has Approved Cryptocurrency Tuition Payments.

The school mirrored Kim’s perspective in its announcement, emphasizing the growing importance of digital assets in the global economy, startup formation, salary payments, payment tracking, and even little things like purchasing tickets to events and concerts.

The business school also cited a Pew Research Center research, which claimed that over 41 million Americans, or 16% of all adults in the United States, have invested in, traded, or used cryptocurrency. The school also cited Fortune Business Insights, which predicted that the global cryptocurrency industry will more than double by 2028.

In late March, a school in Dubai began moves to integrate cryptocurrency into the education sector by accepting tuition payments in Bitcoin and Ethereum using a digital platform that instantly translates crypto into UAE dirhams (AED).

Meanwhile,  the whole crypto market is in free fall, with more than $370 billion leaving its market capitalisation in only one week. It now has a market capitalization of $1.37 trillion.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Patrick

CoinCu News

Victor

Recent Posts

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

1 hour ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

2 hours ago

Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets

Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire

2 hours ago

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

4 hours ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

5 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

5 hours ago

This website uses cookies.