Citizens School first in Middle East education sector to accept cryptocurrencies for tuition fee payments

Citizens School first in Middle East education sector to accept cryptocurrencies for tuition fee payments

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- The K-12 non-selective school aims to re-imagine education by equipping children with skill sets required to become citizens of the future

- Children will learn about the importance of digital currency and blockchain technology, further preparing them for the future, in line with the UAE’s ongoing measures to formalise virtual assets

Dubai, United Arab Emirates, 28 March 2022: Citizens School – a visionary educational institution conceived, designed and developed in the UAE has announced that it will accept cryptocurrency as a mode of payment, making it the first of its kind in the Middle East to let parents pay tuition fees using digital currency.

Set to open doors in September 2022, Citizens School will accept payments from the two major cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) – providing parents with flexible payment options. This is in addition to traditional forms of payments and interest-free monthly payment options that Citizens School will offer. Payments using cryptocurrencies are accepted through a tie up with a digital currency platform that processes cryptocurrency payments and automatically converts them to Dirhams (AED).

The move towards cryptocurrency payment options follows the Dubai Government’s recent adoption of its first law regulating virtual assets, ensuring a safe and advanced legal framework