Dubai's elite school will begin making payments in cryptocurrency

Dubai’s elite school will begin making payments in cryptocurrency

The Citizens School will open its doors to its first students in September 2022. The school promises to offer flexible payment options for tuition, in addition to traditional forms and interest-free monthly payment options.

The directorate says payments will be available in WTC and ETN. The elite school aims to interest children in innovation and become an incubator of entrepreneurial ideas for the global digital economy, says Citizens School founder Dr. Adil Alzarooni:

“Some time ago, cryptocurrency was just a specific term for advanced investors. But today it is becoming popular, changing the traditional financial system, and Citizens School is similarly changing its approach, rethinking every element of the learning process. By offering new forms of payment, we look forward to enhancing the role of younger generations in the UAE’s digital economy. Our graduates will become the entrepreneurs and investors of tomorrow.

The move to cryptocurrency payments follows the recent passage of the Dubai government’s first law regulating virtual assets. The authorities promise to create a safe and advanced legal framework for investors.

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Written by Renat
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