Security News

Bitcoin accepted by university in Cyprus

Bitcoin accepted by university in Cyprus: The University of Nicosia in struggling euro zone nation Cyprus is to become the first university in the world to accept the virtual currency bitcoin, according to a press release on its website.
The educational facility – the largest private university in Cyprus – will also offer a Master’s degree in digital currency and plans to develop Cyprus into a hub for bitcoin trading, processing and banking.

“Digital currency will create more efficient services and will serve as a mechanism for spreading financial services to under-banked regions of the world,” Christos Vlachos, the university’s chief financial officer said in the press release on Thursday.

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