Hong Kong University Business School to Accept Bitcoin for Tuition and Donations

The University of Hong Kong’s business school is preparing to accept Bitcoin in tuition and ￰0￱ faculty dean confirmed all technical details have been ￰1￱ move comes shortly after Hong Kong’s new Stablecoins Ordinance took ￰2￱ University of Hong Kong’s (HKU) business school is preparing to accept Bitcoin and other digital currencies for tuition fees and ￰3￱ Cai Hongbin dean of the business and economics faculty confirmed that “all the technical details have been sorted out.” This commentary signals that the Bitcoin move could be implemented ￰4￱ initiative highlights Hong Kong’s ongoing efforts to position itself as a global hub for digital assets following the introduction of its Stablecoins Ordinance earlier this ￰5￱ on Risk: We Are Prepared to Manage Potential Losses Notably

Professor Cai acknowledged that accepting volatile assets such as Bitcoin carries risk but stressed that the faculty is prepared to manage potential ￰6￱ described the move as a trial that would showcase the school’s willingness to embrace financial innovation and digital ￰7￱ schoo…