INSUBCONTINENT EXCLUSIVE:
Wharton School will use Coinbase Global Inc
to accept digital-asset paymentsCryptocurrency is no more an alien mode of exchange these days
From entrepreneurial giants to various national governments, many people are trying to incorporate digital currency as an accepted mode of
A not-so-popular space where cryptocurrency has begun to thrive is in educational institutions
Many such institutes have begun to embrace digital assets as a means of payment
A new addition to this list is the Wharton School at the University of Pennsylvania
It's one of the top business schools in the US and it plans to accept cryptocurrency as tuition fees for its new executive education
programme.The Ivy League institution has decided to accept coins such as Bitcoins as a payment method for its online blockchain and digital
The Wharton School, which is scheduled to open in January, offers the online course at $3,800
The Philadelphia-based business school is supposed to be crowded by several thousand students every year.Wharton School has announced that
it will use Coinbase Global Inc
to accept digital-asset payments
is the largest cryptocurrency exchange in the US
The school is working with Prysm Group in order to develop the programme.A report in Bloomberg quoted Guido Molinari, the managing partner
at Prysm Group, as saying, “It's a program about blockchain and digital assets, we felt that we should talk the talk and walk the
walk.”The executive education course will have Kevin Werbach as the main instructor
Werbach has been teaching the fundamentals of blockchain and crypto at the school since 2018.The University of Pennsylvania made it to the
news regarding another association with cryptocurrency earlier this year
In May, the university received $5 million from an anonymous donor as digital assets
This was the largest cryptocurrency gift in the university's history.The Wharton School boasts of numerous alums who are presently boosting
Tesla CEO Elon Musk graduated from the school in 1997 and has been a strong force in driving price swings of meme coins like Dogecoin
He has also pushed his companies Tesla and SpaceX to buy Bitcoin for their corporate treasuries
Another graduate from the school is Arthur Hayes, who started the BitMex exchange for Bitcoin exchanges.
