Bentley University, a business school, now accepts cryptocurrency payments for tuition

Bentley University, a private university in Waltham, Massachusetts, has announced that it would now accept digital currencies as payment for tuition. The president of Bentley University stated that the institution has been 'at the vanguard in producing business leaders' and that the staff is 'glad to embrace' the technologies that its students are learning about today.

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Bentley University and Coinbase have teamed up to accept three different digital currencies

According to a press release from Bentley's media, the accounting and finance school has teamed with Coinbase to allow students and their families to pay tuition in cryptocurrency.

Bentley will accept three cryptocurrencies: bitcoin (BTC), ethereum (ETH), and the US dollar (USD) (USDC). Bentley president E. LaBrent Chrite noted that the 105-year-old institution is adopting a technology that has the potential to completely change the financial environment.

In a statement, the university president said, "Bentley University is at the vanguard in developing business executives with the skills and knowledge to prosper in the changing international economy." "We're proud to support the technology that our students are learning about, because it will soon transform the global business landscape into which they will soon be thrust."

Students 'Have a Real Interest in Learning More About Blockchain,' according to a Bentley Scholar

The University of Cumbria in Carlisle, England, the Financial Business School in Paris, France, and the Innovation and Entrepreneurship Business School in Spain are among the universities that accept cryptocurrency. Furthermore, crypto is accepted at the Lucerne University of Applied Sciences in Switzerland.

In addition to Bentley University in Massachusetts, King's College in Wilkes-Barre, Pennsylvania, and the University of Pennsylvania both accept bitcoin and cryptocurrencies. Furthermore, crypto asset payments are accepted at the University of California, Berkeley (UC Berkeley). The Bentley release also mentioned Alex Kim, a student who founded the Bentley Blockchain Association.

"Students are genuinely curious about blockchain, decentralized finance, and cryptocurrency investments," Kim stated in a news release. The Bentley student continued, "These technologies are influencing the industries where they will be working."