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10h ago

HKU Business School Explores Accepting Bitcoin for Tuition and Donations

The signal of intent follows Hong Kong rolling out a stablecoin licensing regime that will shape compliance and timing.

Hong Kong University's business school considers accepting Bitcoin for tuition and donations
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Professor Cai Hongbin says the business school has to give the initiative a try. Photo: May Tse
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Overview

  • Dean Hongbin Cai said at HKU’s CryptoFi Forum that technical details are in place to take Bitcoin and other digital currencies for fees and donations.
  • The school told the South China Morning Post it is actively exploring crypto payment options as a demonstration of openness to financial innovation.
  • Cai acknowledged potential financial losses and asked that the business school be allowed to run the pilot at its own risk.
  • Hong Kong’s stablecoin licensing regime took effect on August 1 under HKMA and SFC oversight, with first licenses expected in early 2026.
  • Binance founder Zhao Changpeng attended the forum and said Hong Kong could rival the US and UAE in virtual assets if the government moves quickly.