Cyprus university accepts bitcoin

Additionally, UNic is also launching in Spring the first Master of Science Degree in Digital Currency , which is designed to help financial services and business professionals, entrepreneurs, government officials and public administrators better understand the technical underpinnings of digital currency, how it will likely interact with existing monetary and financial systems and what opportunities exist for innovation in digital currency systems. Digital currency will create more efficient services and will serve as a mechanism for spreading financial services to under-banked regions of the world," said Dr. In this light, we consider it appropriate that we implement digital currency as a method of payment across all our institutions in all cities and countries of our operations. The new Master's program will be offered both online and on-campus to students worldwide starting in Spring



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WATCH RELATED VIDEO: Cyprus: Tax on Bitcoin

University of Nicosia in Cyprus Becomes First in the World to Accept Bitcoin


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Would you use Bitcoin for tuition? You can for Wharton’s new crypto course

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The University of Nicosia announced that it will be accepting Cyprus was one of the first countries to embrace Bitcoins thanks to a.

University in Cyprus becomes world's first to accept Bitcoin payments

Cyprus' biggest private university has been accepting the digital currency Bitcoin as an alternative way to pay tuition fees since The country had been a hub for international banking before suffering a collapse in its financial system this year, leading the government to impose controls on the flow of capital as it accepted an international bailout. The university's chief financial officer, Christos Vlachos, said the institution, which has about 11, students enrolled, is the first in the world to take Bitcoin payments. Bitcoin is a cryptography-based digital currency that advocates say is counterfeit-proof. Its value is determined by supply - which is limited by its design - and demand. Among the various criticisms leveled at Bitcoin are that it is too prone to price swings against other currencies to be useful. Vlachos said payments are free of risk for the university since it immediately converts the digital currency to euros at the day's exchange rate. He said that the university is also offering a new Masters' degree in digital currency, a field he says is the monetary equivalent of the Internet in its infancy. He said the Cypriot government should set up a regulatory framework to attract digital currency trading companies and boost the bailed-out country's foundering economy. Login Signup FAQs.


Swiss university accepts Bitcoin

cyprus university accepts bitcoin

Cyprus' biggest private university said Thursday it will start accepting the digital currency Bitcoin as an alternative way to pay tuition fees. The country had been a hub for international banking before suffering a collapse in its financial system this year, leading the government to impose controls on the flow of capital as it accepted an international bailout. The university's chief financial officer, Christos Vlachos, said the institution, which has about 8, students enrolled, is the first in the world to take Bitcoin payments. Bitcoin is a cryptography-based digital currency that advocates say is counterfeit-proof.

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Your contributions will help us continue to deliver the stories that are important to you. The University of Nicosia announced that it will be accepting Bitcoins as payment for tuition and other fees, making it the first accredited university in the world to accept it. Cyprus was one of the first countries to embrace Bitcoins thanks to a controversial bailout agreed earlier this year. Those who were angry with the terms began putting their savings into Bitcoins instead away from the reach of the banks. This investment kicked off the surge in price which saw it increase 5, per cent since the start of the year.


Ghostly monkey and crocodile newts among new Mekong area species

Cyprus' biggest private university says it will start accepting the digital currency bitcoin as an alternative way to pay tuition fees. University of Nicosia's Chief Financial Officer Christos Vlachos says the move will help foreign students in countries where traditional banking transactions are either difficult or costly to pay fees for programs such as online degrees. Vlachos told The Asssociated Press on Thursday that the university is also offering a new Masters' degree in digital currency, a field he says is the monetary equivalent of the Internet in its infancy. He said the Cypriot government should set up a regulatory framework to attract digital currency trading companies and boost the bailed-out country's foundering economy. Pseudonyms will no longer be permitted. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses.

In November last year, the private University of Nicosia in Cyprus became the first institution to announce it would accept Bitcoin as.

Would you use cryptocurrency as a preferred payment for your university tuition fees? Whether or not this digital form of payment catches fire among universities worldwide remains to be seen. The Wharton School at the University of Pennsylvania has recently made headlines for its plan to accept cryptocurrency as tuition for its online blockchain and digital assets programme.


Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up. Connect and share knowledge within a single location that is structured and easy to search. Which universities of the World accept bitcoins to take their course fee? Can it be done by bitcoins? I need to know it as I am planning to take some courses for higher education from an reported University.

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They include a monkey with ghostly white circles around its eyes, frogs, newts and the only known succulent bamboo species, a WWF report says. Some of the world's most endangered species in the area face extinction even before they have been identified. The officials added that the species were "under intense threat", with many of them "going extinct even before they are described". Risks to the species in the richly biodiverse area in South-East Asia include habitat destruction, the introduction of diseases by humans and the illegal trade in wildlife, the WWF says. More than new species found in Mekong.

As awareness, usage, and monetization of cryptocurrencies continue to grow, crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate for good. For the more than million crypto users worldwide, donating via cryptocurrency has become the preferred method for supporting mission-driven organizations. The Giving Block is dedicated to unlocking the full philanthropic impact of crypto by empowering nonprofit organizations to securely and compliantly accept cryptocurrency donations, and enabling individuals to easily give crypto to their favorite charities worldwide. The Giving Block supports donations in Bitcoin, Ethereum, and over 70 popular cryptocurrencies, and actively partners with leading crypto companies, NFT projects, and traditional institutions to bring their charitable initiatives to life.


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  1. Aderet

    very excellent idea and it is timely

  2. Gojar

    It agree, this idea is necessary just by the way

  3. Brodrik

    Well, tin of course ...

  4. Andres

    Thanks for answering all the questions :) Actually, I learned a lot of new things. It's just that I haven't figured out what and where to the end.