PENN TO ACCEPT CRYPTOCURRENCY FOR COURSE PAYMENT
“The University of Pennsylvania will accept cryptocurrency as tuition payment for a new online program at the Wharton School, making Penn the first Ivy League institution and Wharton the first U.S. business school to allow students to pay their tuition using the digital currency, reports the Philadelphia Business Journal.”
“Although limited to the one program, Penn's move puts it on a short list – both nationally and across the globe – of colleges and universities to accept digital currency as payment for education. King's College in New York became the first U.S. college to do so back in 2014. In July, California Intercontinental University, an online college, announced that it would accept Bitcoin and Ethereum for tuition payments.”
Once again PENN presents itself as a leader in innovative technology, setting the stage for Pennsylvania to be a Blockchain technology and Cryptocurrency friendly state. PBC congratulates PENN on this new development and looks forward to blockchain’s expanding role in the Commonwealth.
