The University of Nicosia in Cyprus has announced that it will accept bitcoin for the payment of tuition and other fees. The university, also known as UNic, is not only the first accredited ... The Bitcoin craze has made its way to the educational system. The University of Nicosia in Cyprus announced today that it will allow students to pay for tuition fees with Bitcoin, becoming the ... The University of Nicosia in Cyprus, a private institution, announced in November that it would take bitcoin for tuition fees. It also launched a master’s degree in digital currency . Despite all the initial Bitcoin buzz in the country, Cyprus is not ready to fully accept Bitcoin after all. The European nation’s central bank released a statement where it considers that digital coins are not legal tender and disapproves any cryptocurrency-related activity.. The Central Bank of Cyprus does not consider Bitcoin illegal, which is good news, but “does not approve any ... In November 2013, The University of Nicosia—the largest private university in Cyprus with over 11,500 students scattered across 70 countries—became the first accredited educational institution in the world to accept tuition (and other fees) payment in Bitcoin. This option became available after several requests from UNIC’s online students from underbanked countries. In 2014, the ... Cyprus University Accepts Bitcoin for Tuition Fee Payments. By Alistair Charlton. Updated July 1, 2014 13:38 BST; The University of Nicosia has begun accepting bitcoins as payment for its courses ... The university also petitions the government to position the Cyprus as a Bitcoin hub and now accepts tuition in the. Avi Mizrahi Trading (CryptoCurrency ) Thursday, 21/11/2013 18:58 GMT+2 2013-11-21T16:58:25+00:00 2013-11-21T16:58:25+00:00. Photo: Avi Mizrahi. Share this article. Finance Magnates Telegram Channel; The University of Nicosia, the largest private university in Cyprus ...
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