Romanian university plans to accept crypto payments for admission fees

Cointelegraph

Published Apr 11, 2021 04:09PM ET

Updated Apr 12, 2021 05:40PM ET

A public university in the Romanian city of Sibiu in Transylvania has said it will allow students to pay for their admission fees in crypto.

According to an announcement from Lucian Blaga University of Sibiu on Wednesday, the institution plans to implement crypto payment methods for its more than 11,000 students starting in July. Students will reportedly be able to pay for admission fees — tuition is roughly $1,000 per year for undergraduates — using Elrond (EGLD), which the university will then convert to Romanian leu.

Continue Reading on Coin Telegraph