University of Hong Kong business school looking at taking bitcoin for fee payments
Professor Cai Hongbin, dean of the business and economics faculty at HKU, called for support for the initiative at a forum earlier this week.
“All the technical details have been sorted out. We will take bitcoin and digital currencies for tuition fees and donations in the future,” Cai said at the CryptoFi Forum on Wednesday, according to an online video verified by the school.
“If we lose money, we will be losing the money of the faculty … It’s ok, we can take care of it, but at least let us give it a try.”
The forum at HKU was attended by Zhao Changpeng, founder and largest shareholder of cryptocurrency exchange Binance, who earlier told the Post that Hong Kong had the conditions to become a major hub for virtual assets, rivalling the US and the United Arab Emirates, but the government must act swiftly.
