Hong Kong University Business School Now Accepting Tuition and Donations in Bitcoin

The University of Hong Kong (HKU) Business School announced a new plan that will allow payment of tuition fees and donations using Bitcoin (BTC).

The move is part of Hong Kong’s broader strategy to become a global hub for virtual assets. The initiative was announced by Professor Hongbin Cai, dean of the HKU School of Business, at the CryptoFi forum held this week.

Bitcoin Adoption at HKU

HKU, as one of Asia’s leading educational institutions, is preparing to accept Bitcoin and other digital assets as payment. According to a South China Morning Post report, the school is actively exploring digital currency payments as proof of their openness to financial innovation.

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Professor Cai stated that despite the financial risks, it is important to experiment with new technologies. The school is also committed to building a secure and sustainable framework to support research, regulation and adoption of digital assets.

Cooperation with industry leaders is expected to strengthen this initiative and ensure that the transition to digital payments is smooth and secure.

Regulation and Framework in Hong Kong

On August 1, the Hong Kong Monetary Authority (HKMA) launched a stablecoin licensing framework, which requires issuers of fiat-backed stablecoins to obtain approval from the Securities and Futures Commission (SFC). The framework includes strict compliance standards, including capital requirements, risk controls, redemption rights and anti-money laundering protocols.

The first license is expected to be issued in early 2026. This initiative demonstrates Hong Kong’s serious efforts to regulate and facilitate the growth of the digital asset ecosystem.

With clear regulations, Hong Kong has ambitions to become a global hub for virtual assets, competing with other markets such as the United States and the United Arab Emirates.

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Potential Reactions and Impacts

The acceptance of Bitcoin by a renowned educational institution like HKU might attract the attention of investors and donors interested in blockchain technology and digital assets. It could also boost Hong Kong’s reputation as a progressive and innovative financial center.

However, it remains to be seen whether the regular adoption of cryptocurrencies for tuition payments and donations will attract significant capital flows. Moreover, with the increasing adoption of Bitcoin (BTC) in Hong Kong, the demand for secure multi-chain solutions is also increasing.

Overall, HKU’s move to accept Bitcoin (BTC) as payment marks a new era in educational and financial approaches. Although there are risks, the potential for innovation and growth in the adoption of digital assets seems to pave a new path for other institutions to follow.

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Reference:

• Coinspeaker. Hong Kong Business School to Accept Tuition and Donations in BTC. Accessed on September 2, 2025
• Crypto Briefing. Bitcoin Tuition Payments in Hong Kong. Accessed on September 2, 2025