Cypriot university starts accepting Bitcoin for payment of tuition

Friday 22 November 2013 00:50 CET | News

A Cyprus private university has started accepting digital currency Bitcoin for the payment of tuition and other fees.

The University of Nicosia is the first accredited university to accept payments with Bitcoins, which can be exchanged online for real money or used to buy goods and services on the Internet.

In recent news, Bitcoin payment processor GoCoin has raised USD 0.55 mln in venture capital to process Bitcoin payments in Asia and South America.

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Keywords: Cyprus university, Bitcoin for payment of tuition, virtual currency
Categories: Payments & Commerce
Countries: World
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