The University of Nicosia in Cyprus is to become the first university in the world to accept the virtual currency bitcoin, according to a press release on its website.
The largest private university in Cyprus will also offer a Master’s degree in digital currency and plans to develop Cyprus into a hub for bitcoin trading, processing and banking.
“Digital currency will create more efficient services and will serve as a mechanism for spreading financial services to under-banked regions of the world,” Christos Vlachos, the university’s chief financial officer said in the press release on Thursday. [Source]