28 Aug '14, 2pm

SFU becomes first Canadian university to accept Bitcoin donations

SFU becomes first Canadian university to accept Bitcoin donations

Earlier this month, Simon Fraser University confirmed that it is considering accepting Bitcoin at bookstores and dining services on its campuses in the Vancouver area. Today (August 28), SFU made its first official foray into Bitcoin, announcing it is now accepting donations with the digital currency. That makes it the first Canadian postsecondary school to take donations in this manner. Alumnus Scott Nelson, cofounder of dana.io , and Simon Fraser Bitcoin Club president Mike Yeung are SFU's first Bitcoin contributors, donating the equivalent of $6,000. “We are embracing Bitcoin because it is innovative, open source, entrepreneurial and fits well with SFU's mission to engage the world,” Yeung said in an SFU news release. “Bitcoin can be moulded in ways that can benefit people (in every part of the globe and every segment of society) in many ways,” Yeung, who is also the fo...

Full article: http://www.straight.com/blogra/717196/sfu-becomes-first-c...

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