Paraguay's private university will accept payments in Bitcoin and Ethereum
The **American University** of **Paraguay** will start accepting payments in cryptocurrencies from August, students will be able to pay for courses and graduate with Bitcoin and Ethereum.
After El Salvador legalized Bitcoin as a legal tender, Paraguay has been very interested in cryptocurrencies – the adoption of digital assets as a means of payment in the country has grown by leaps and bounds.
Weeks ago, right after a post by Paraguayan deputy **Carlitos Rejala** showed interest in proposing some bills that benefit miners and users, one of the country's largest entertainment companies announced the payment will be accepted in cryptocurrencies.
This Tuesday (22), the American University made a post on social networks announcing that it will accept cryptocurrencies, especially Bitcoin and Ethereum as a form of payment.
Payment with cryptocurrencies
The news was also disclosed on the institution's official Twitter account.
***“From August 1st you will be able to pay with cryptocurrencies. We are taking an important step towards innovation.”*** – Said the message that accompanied the post.
The initiative was very well received by the public. For example, in the Instagram post, one user commented: ***“Excellent initiative. Something they could add to consolidate the use of this currency is giving lectures about it. A lot of people are interested in how it works and how to use it.”***
Several such messages were left in the comments.
The director of the University, Camilo Jimenez Aguero said that they will not convert their cryptocurrencies into fiat currency, but will be able to decide this soon after receiving the payments.
He also said that the university itself worked with a local cryptocurrency company to develop the project together with its own IT team. The company name was not revealed.
## Courses focused on blockchain and cryptocurrencies
The director also highlighted that the American University offers several courses focused on blockchain and crypt...