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Hong Kong’s oldest university is preparing to take a bold step into digital finance. The business school of the University of Hong Kong (HKU) confirmed it is “actively exploring” accepting Bitcoin and other digital currencies for tuition payments and donations. The move comes just weeks after the city’s new Stablecoins Ordinance took effect, signaling Hong Kong’s intent to position itself as a global hub for virtual assets.
Dean Professor Cai Hongbin announced at the CryptoFi Forum that technical details were already settled, and the school is ready to test the system. “We will take bitcoin and digital currencies for tuition fees and donations in the future,” Cai said, stressing that the faculty is willing to bear any risks as part of embracing innovation.
The initiative has drawn support from crypto leaders like Binance founder Changpeng Zhao, who believes Hong Kong could rival the US and UAE as a digital asset center. Lawmakers also welcomed the effort, calling it an “inevitable trend” that offers students and donors diverse, convenient payment options.
