Switzerland's Lucerne University of Applied Sciences and Arts is now accepting bitcoin.
"Bitcoin Suisse AG will bear the risk of any exchange rate losses and currency fluctuations," the university notes.
Immediate adoption by most students is not expected, however. Only those who are savvy about finance or are interested in pursuing an education in this area are expected to choose the payment method, the release indicates.
Yet the move is perhaps an unsurprising one, given the interest the university has shown toward the tech to date.
Researchers at Lucerne are involved in a number of blockchain initiatives, including an ethereum-based identity solution being spearheaded by the City of Zug. The university is also a member of the non-profit Crypto Valley Association, a working group dedicated to companies and startups in Switzerland that are using the tech.
Lucerne image via Shutterstock
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