Bentley American University now accepts bitcoin (BTC) for tuition payment, becoming one of the first universities in the United States to offer students this new digital option. This move reflects Bentley’s long – standing commitment to being at the forefront of early adoption of business – changing technologies.
Bitcoin Adoption is a Winning Universities
In a message on its site, Bentley University announced that it accepts bitcoin payments to cover tuition fees.
Bentley will accept three cryptoassets, including bitcoin (BTC), ether (ETH) and USD (USDC) coin. Bentley Chairman E. LaBrent Chrite explained that the 105-year-old school is embracing technology that could completely change the traditional financial landscape. Bentley plans to accept gifts and donations in Bitcoin, Ether, and USD Coin.
” Bentley University is at the forefront of equipping business leaders with the skills and knowledge to succeed in a changing global economy. ”, said university president E. LaBrent Chrite. “We are proud to embrace this technology our students are realizing that the global business landscape they are about to enter will soon change. »
This advertisement is of great interest to foreign students who have had to pay high fees each year to convert the currency of their country of origin into dollars. There are no more problems with delays and costs thanks to bitcoin.
Permanent change for students
Alex Kim (22, MSF 23), a student at Bentley, was an early adopter of cryptocurrencies. He started investing in bitcoin while in high school, and last fall launched the Bentley Blockchain Association, one of the few student-run blockchain groups in the country. The group grew to 257 members just months after its formation.
” Students are really interested in learning more about blockchain, decentralized finance and cryptocurrency investments ”said Kim, who will be a speaker at NFT.NYC, the world’s premier NFT-focused event. ” These technologies have an impact on the industries in which they operate. ”. Find out more with our specialized article on universities and web 3.0.
More and more universities are embracing bitcoin
Cryptocurrencies are accepted by universities around the world, including the University of Cumbria in Carlisle, England, the Financial Business School in Paris, France, and the Business School of Innovation and Entrepreneurship in Spain. In addition, the University of Applied Sciences in Lucerne, Switzerland accepts cryptocurrencies.
Apart from Bentley University in Massachusetts, USA, King’s College in Wilkes-Barre, Pennsylvania also accepts bitcoins, and the University of Pennsylvania accepts cryptocurrencies. In addition, the University of California, Berkeley (UC Berkeley) accepts payments in crypto assets. Bentley’s ad also featured a student named Alex Kim who started the Bentley Blockchain Association.
In the Gulf, a school in Dubai has announced that it will accept payments in bitcoin and ether, the first in the Middle East.
Adoption therefore continues, despite the recent fall of bitcoin, companies, universities, governments continue to turn to bitcoin for a better understanding and the issues of a new way to pay and exchange money without limits or third parties.
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Passionate about geopolitics, economy, cryptocurrency, Eurasia and travel! (as far east as possible), crypto-trader for 4 years.