Blip: A university in Cyprus is officially accepting Bitcoin for tuition

Blip: A university in Cyprus is officially accepting Bitcoin for tuition

A university in the Republic of Cyprus today announced that it now accepts the popular digital currency Bitcoin as payment for tuition and other fees.

The University of Nicosia is one of the largest English-speaking universities in the Euro-Mediterranean region, according to the school’s announcement, and it’s the first accredited university to accept Bitcoin.

And if that’s not forward-thinking enough, Nicosia will also begin offering a Master of Science Degree in Digital Currency in Spring 2014.

The program is "designed to help financial services and business professionals, entrepreneurs, government officials and public administrators better understand the technical underpinnings of digital currency; how it will likely interact with existing monetary and financial systems; and what opportunities exist for innovation in digital currency systems."

The first class in that pathway, Introduction to Digital Currency, will be available free online for anyone to take.

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