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Hong Kong University Shatters Tradition: Now Accepts Bitcoin for Tuition and Donations

Hong Kong University Shatters Tradition: Now Accepts Bitcoin for Tuition and Donations

Author:
Icobench
Published:
2025-09-01 15:37:17
9
2

Higher education meets digital finance as a major Hong Kong institution embraces cryptocurrency payments—bypassing traditional banking hurdles entirely.

The New Payment Frontier

Students and donors can now transact using Bitcoin, slashing international transfer fees and processing times. The move positions the university at the forefront of financial innovation in academia.

Why It Matters Beyond Campus

This isn't just about tuition—it's a legitimacy play for crypto in regulated spaces. The university joins a growing list of forward-thinking entities adopting digital assets, challenging the stale 'it's just for speculators' narrative.

Of course, watch traditional finance institutions suddenly develop 'blockchain initiatives' now that someone else did the heavy lifting—typical late-stage FOMO meets academia.

⚡NEW: PAY bitcoin FOR EDUCATION?

🇭🇰Hong Kong University Business School will now accept BTC for tuition & donations.

Global #Bitcoin adoption isn’t slowing down—it’s going mainstream. pic.twitter.com/0u9hoh5YQR

— Coin Bureau (@coinbureau) August 30, 2025

The move comes just weeks after Hong Kong’stook effect on August 1, furthering the city’s ambition to become a global hub for VIRTUAL assets.

“Give Bitcoin a Chance”

According to the South China Morning Post, Professor Cai Hongin, Dean of HKU Business School and President of the China Institute of Economics, confirmed the school’s willingness to experiment with crypto payments. Speaking at the, he said:

“All the technical aspects are resolved. We will accept bitcoin and digital currencies to pay tuition fees and make donations. If we lose money, it will be the school’s money… and that’s fine, we’ll accept it. But at least we should try.”

Two days later, an official university spokesperson backed the professor’s comments, noting that HKU Business School isthe implementation of crypto payments.

The university emphasized:

“Our commitment is to foster a SAFE and sustainable environment for the development, regulation, and practical adoption of digital currencies, in collaboration with our partners.”

Hong Kong’s Global Crypto Ambitions

This initiative aligns with Hong Kong’s broader, which has been accelerating over the past year. The newly enactedsets strict rules for fiat-backed stablecoins, including reserve requirements, licensing, and oversight of secondary market activities.

Meanwhile, thehas tightened rules for crypto exchanges, requiring stricter custody standards such as cold storage and real-time monitoring to protect investors.

The message from policymakers is clear:

The post Hong Kong University to Accept Bitcoin for Tuition and Donations appeared first on icobench.com.

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