The University of Paraguay will accept Bitcoin

American University of Paraguay Mutual Twitter said that it will accept tuition payments in bitcoin, as well as other cryptocurrencies, starting August 1, 2021.

A translated version of the tweet read: “From August 1, you will be able to pay all your tuition and fees with cryptocurrency.” “We are taking an important step towards innovation.”

The university is one of the most prestigious educational centers in Paraguay and has been in operation for more than 30 years. But it is still unclear how the university plans to accept or keep the BTC it receives as a tuition payment at a technical level, but it has not indicated any plans to liquidate the bitcoin upon receipt.

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