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The American University of Paraguay will accept payments in cryptocurrencies

The announcement of the tutorial establishment echoes the brand new regulation that the Paraguayan Congress plans to course of to draw corporations devoted to cryptocurrencies

As of August 1, the American University of Paraguay will accept payments for its tuition in cryptocurrencies. For now, the tutorial establishment will solely obtain Bitcoin (BTC) and Etherum (ETH).

The information, revealed on Twitter by the tutorial establishment, positioned in Asunción, is made lower than ten days after the deputy Carlos Rejala introduced that on July 14 a invoice will be introduced that will permit the use of cryptocurrencies as a method of regular fee. On this approach, it joins different initiatives in the area, comparable to these introduced in Panama or El Salvador.

University opening to cryptocurrencies

With the American University of Paraguay, with thirty years of existence in the South American nation, there are already eight increased training establishments in the world that accept cryptocurrencies.

The different seven universities are:

Massachusetts Institute of Expertise of america

Pompeu Fabra University of Barcelona in Spain

Simon University Phrase of Canada

University of Cumbria in the UK

University of Nicosia in Cyprus

German ESMT Worldwide Enterprise Faculty

Lucerne University of Utilized Sciences and Arts in Switzerland

What’s extra, The Paraguayan academic establishment turns into a pioneer in the area by turning into the primary college in Latin America to accept cryptocurrencies.

investment appsinvestment apps

funding apps

Enhance from universities to the crypto world

That universities accept cryptocurrencies in their payments is one thing new and distinctive. Nevertheless, the connection between universities and cryptocurrencies goes again a good distance, because it has been exactly the tutorial establishments which were in selling each the analysis and the event of these applied sciences.

For instance, originally of 2021 the community of polytechnic establishments, Tecnológico Nacional de México, and IBM, signed an settlement for the coaching of professionals in Blockchain. In Spain, for its half, the University of Alicante determined to make use of the Blockchain for the traceability of hashish, whereas the University of the Balearic Islands determined to make use of it to fight local weather change via an settlement with the agency True World.

The publish The American University of Paraguay will accept payments in cryptocurrencies was first seen on BeInCrypto.

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