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The University of Hong Kong’s Business School (HKU Business School) is exploring the use of Bitcoin and other cryptocurrencies as payment methods for tuition fees and donations.
⚡️NEW: PAY BITCOIN FOR EDUCATION?
🇭🇰Hong Kong University Business School will now accept BTC for tuition & donations.
Global #Bitcoin adoption isn’t slowing down—it’s going mainstream. pic.twitter.com/0u9hoh5YQR
— Coin Bureau (@coinbureau) August 30, 2025
The move comes just weeks after Hong Kong’s Stablecoin Ordinance took effect on August 1, furthering the city’s ambition to become a global hub for virtual assets.
“Give Bitcoin a Chance”
According to the South China Morning Post, Professor Cai Hongin, Dean of HKU Business School and President of the China Institute of Economics, confirmed the school’s willingness to experiment with crypto payments. Speaking at the CryptoFi Forum on August 27, he said:
“All the technical aspects are resolved. We will accept bitcoin and digital currencies to pay tuition fees and make donations. If we lose money, it will be the school’s money… and that’s fine, we’ll accept it. But at least we should try.”
Two days later, an official university spokesperson backed the professor’s comments, noting that HKU Business School is “actively exploring” the implementation of crypto payments.
The university emphasized:
“Our commitment is to foster a safe and sustainable environment for the development, regulation, and practical adoption of digital currencies, in collaboration with our partners.”
Hong Kong’s Global Crypto Ambitions
This initiative aligns with Hong Kong’s broader digital assets strategy, which has been accelerating over the past year. The newly enacted Stablecoin Law sets strict rules for fiat-backed stablecoins, including reserve requirements, licensing, and oversight of secondary market activities.
Meanwhile, the Securities and Futures Commission (SFC) has tightened rules for crypto exchanges, requiring stricter custody standards such as cold storage and real-time monitoring to protect investors.
The message from policymakers is clear: Hong Kong doesn’t just want to be crypto-friendly. It wants to rival global centers like Singapore, the U.S., and Dubai as a leader in virtual asset innovation.
