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Dubai’s Citizens School accepts Bitcoin and Ethereum as payment for tuition

The school announced that it will accept Bitcoin (BTC) and Ethereum (ETH) payments, making it the first in the Middle East education sector to allow digital currencies as payment for tuition fees.

Image by: Sam valadi / Flickr

Thu, 31 Mar 2022, 02:20 am UTC

The United Arab Emirates has been positioning itself as the next global crypto hub and has launched various initiatives to entice blockchain and crypto firms and encourage the use of digital currencies in the country. A school in Dubai is joining the government’s adoption efforts by announcing that it will accept Bitcoin (BTC) and Ethereum (ETH) as payments for tuition.

Citizens School will accept crypto as a mode of payment when it opens its doors in September 2022, according to Arabian Business. The school announced that it will accept Bitcoin (BTC) and Ethereum (ETH) payments, making it the first in the Middle East education sector to allow digital currencies as payment for tuition fees.

“A while ago, cryptocurrency was only a floating term among well-versed investors,” Citizens School founder Dr. Adil Alzarooni said. “However, today cryptocurrency is becoming much more mainstream, reshaping the traditional financial system.”

The school has partnered with an unnamed processing platform to process payments using cryptocurrencies. The platform will automatically convert BTC and ETH payments into United Arab Emirates Dirhams (AED).

“By introducing this new payment facility, we look forward to enhancing the role of young generations in achieving the UAE’s digital economy,” Dr. Alzarooni added. “As more people embrace the era of digitalisation, today’s children will become the entrepreneurs and investors of tomorrow.”

The move is also in line with the UAE’s goal of becoming a global crypto hub. The country wants to cement its position as a leader in the rapidly growing crypto market has now ballooned to a $1.9 trillion industry worldwide.

“Introducing the ability to pay tuition fees through cryptocurrencies goes beyond just providing another payment option,” Citizens School CEO Hisham Hodroge said. “It is aimed at creating an interest in growing trends and breakthrough technologies that will have a profound effect on the lives of young generations. It is also a means to further drive interest in the applications of blockchain – a technology that Citizens School intends to deploy, in time, across several aspects of its academic and administrative operations.”

Set to open in September, the school is located at the heart of Dubai and will accept students ages 3 to 11, according to Cointelegraph. On Its website, the school’s tuition range from 45,000 AED to 65,000 AED per year ($12,250 to $17,700) before VAT.

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My name is Diego Lopez. I was scammed of USD459,800 by this mining pool. I wanted to withdraw USD100,000 from my account. They asked for 5% tax to be paid to the Hong Kong Tax Bureau so I sent them USD22,990. But they came back saying since I am at the VIP stage (funds of USD200,000 or more), I am allowed to withdraw a minimum of USD200,000 only, nothing less. So I sent them an additional USD20,000 promising to send another USD15,200 for extra charges. However, after sending the additional funds of USD15,200, I never got any reply. Never heard from them since. Luckily for me I started searching online for a possible way to get my money back. Then I found a recovery company called “Backend Recover". I contacted them and explained in detail how I lost my money. Finally they helped me recover my money back and I am happy again. If you have ever lost your money online to your broker or whatever online scheme, be it binary or crypto currency trading, dating, loan scams, lottery or whatever, there is a solution for you this is my testimony. You can contact them on ([email protected]) for more information on how to recover your funds.
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  • Danhanwat
  • 2022.04.03 18:56:07
Bitspin.us is a leading Cryptocurrency Investment platform within the field of research on Investment and finance and technical analysis of stocks, forex and cryptocurrency. Bitspin’s research findings have been put into practice and have resulted in a comprehensive decision support system analyzing stocks and other securities. Weekly ROI, Early signals, Fast withdrawal among other benefits. The system is utilized daily by investors worldwide. They’re the Best and transparent platform to invest with especially if you’re a beginner.
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  • Linda939
  • 2022.04.03 01:32:02
Sometimes referred to as Fund Recovery, requires the right experience and expertise. Cyberaybtcrecovery have the best expert around the globe, so no matter where your funds are, they can find and recover them back for you from any Bitcoin company or scan around the world because they have top officials in the FBI section in the United States and the best technology in the recovery of funds in any Bitcoin section with 100% guarantee within 12hrs.I am victim of this circumstances .I hope this will help you recover from your lost investment .For more information you may need about this ,contact for support and help through their Website: https://bflames009.wixsite.com/cyberaybtcrecovery
Check their YouTube video to learn more : https://youtu.be/57rRqrgs4So
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  • Nath
  • 2022.03.31 13:47:17
I'm so happy to share this with you that can read / see this now. When I started trading binary and forex a few months ago, I really didn't have the necessary tools to trade and I lost a lot until I met Pablo Martinez who taught me all about market psychology as he managed my account for me. Today I am grateful to him for his great offer and help because it really changed my financial situation with an investment capital of $1500 and now I'm earning around $35,500 - 30,000 profits per week. Here is his WhatsApp no: +44 7520 636249 or his email address: [email protected]
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  • Rayty
  • 2022.03.31 13:09:30
I'm just too happy that everything is in place for me now. I would gladly recommend the use of spell to any one going through marriage problems and want to put an end to it by emailing Dr Emu through [email protected] and that was where I got the help to restore my marriage. Whatsapp +2347012841542
Https://web.facebook.com/Emu-Temple-104891335203341
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