A university in Paraguay will accept payments in bitcoin and ether

Key facts:
  • Students of the establishment can pay for their studies with cryptocurrencies from August.

  • With more than 30 years of history, the UAP seeks to modernize its offer and improve its services.

The American University of Paraguay, with offices in Asunción, Ciudad del Este and Encarnación, reported through its social networks that it will accept payments with cryptocurrencies. Thus, students of the entity will be able to pay tuition, monthly fees and other services with bitcoin (BTC) and ether (ETH).

The news was made known through a publication on the official Twitter account of the institution. “From August 1st you can pay all your dues with CRYPTOCURRENCIES. We take an important step to innovation”, was the message that accompanied the post.

In principle, the initiative was very well received by the public. For example, in the Facebook post one user commented: “Excellent initiative. One thing they could add to the consolidation of the use of this currency is to give talks about it. A lot of people are interested in how it works and how to use it.” In addition, there were other messages similar to this one.

The American University of Paraguay, an institution with more than 30 years of history, offers professional undergraduate, master’s and courses and diplomas. In addition, it offers students the possibility of doing their internships in their own laboratories and has a platform to study several of their careers online.

Paraguay gradually adopts bitcoin

The acceptance of cryptocurrency payments in Paraguay is growing little by little. In mid-June, CriptoNoticias reported on a night entertainment company’s decision to accept bitcoin and other crypto assets at 24 of its establishments starting in July.

In addition, since the adoption of bitcoin as a legal tender in El Salvador, Paraguay has been one of the countries in which there has been more talk of taking a similar course. In large part, this is due to the initiative of a legislator who promised to present a draft in July, a fact also reported by this means.

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