Citizens School, an educational institution conceptualised, built, and developed in the UAE, will open in September 2022 and will take tuition fees in Bitcoin (BTC) and Ethereum (ETH), among other cryptocurrencies (ETH).

Parents will now have more payment options as a result of this move. Dr. Adil Alzarooni, the founder of Citizens School, said:

A while ago, cryptocurrency was only a floating term among well-versed investors. However, today cryptocurrency is becoming much more mainstream, reshaping the traditional financial system

Citizens School has partnered with a digital currency provider that accepts cryptocurrency payments and transforms them to dirhams automatically (AED).

“Introducing the possibility to pay tuition fees using cryptocurrencies goes beyond just providing another payment option,” Civic School CEO Hisham Hodroge stated.

He also stated that it’s a way to pique people’s interest in blockchain technologies, which Citizens School plans to use in the future across numerous facets of its academic and administrative operations.

Last October, the Wharton School, a prestigious business school at the University of Pennsylvania in the United States, revealed plans to begin accepting cryptocurrencies as payment for its new blockchain classes.

 

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