Mexico’s Utel University to Accept Tuition Payments in Cryptocurrency

July 24, 2022

Reading Time: 2 minutes

When it comes to crypto adoption, Mexico has always been fertile land for cryptocurrency, with the Mexican Senate’s recent proposal to make Bitcoin a legal tender, Mexico is likely to become one of the leading countries to enjoy several benefits associated with digital currencies.

In partnership with Mexico-based cryptocurrency exchange Bitso, Mexico’s Utel University will now accept crypto as payment for its tuition.

The cryptocurrencies to be accepted include Shiba Inu (Shib), and 33 other cryptocurrencies via Bitso exchange.

This Utel-Bitso partnership will see Utel university becoming one of the first online universities in Latin America to accept crypto as payment.

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About Bitso and Utel University 

Bitso is a cryptocurrency exchange founded in 2014, it is currently the biggest exchange in Mexico with over 5 million registered users. In April, Bitso partnered with the leading crypto payment processor, BitPay, to adopt its payment protocol, enabling businesses to easily accept or send crypto payments globally.

Utel university is one of the leading online universities in the Latin America region, established in 2008, it currently has more than 115,000 students in over 60 countries on five continents of the world. It is a digital tertiary institution that offers courses in Bachelor’s, Master’s, and Doctorate programs in collaboration with top universities.

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