Quincy University rolls out cryptocurrency option for donors


QUINCY (WGEM) – Quincy College has joined the ranks of these serving to make cryptocurrency extra mainstream. The college introduced Monday it’ll now settle for donations within the type of digital foreign money.

Development Senior Director Matt Bergman stated they need to give donors the choice since its tax-deductible, quick and safe.

“We’re at all times consistently watching the market and consistently watching what’s happening on this planet with respect to how donors may work together with us,” Bergman stated. “And, seeing that an increasing number of individuals had been buying cryptocurrency and stepping into that digital foreign money market, it was solely going to be a matter of time when a donor got here to us and stated, ‘Hey. I need to make a present in cryptocurrency.’ And we need to be prepared and ready to do this.”

Bergman stated he wouldn’t be shocked if QU takes cryptocurrency to the subsequent stage down the street by accepting digital foreign money for tuition.

“We aren’t outfitted for taking it for different issues but, (however) I may simply see households paying tuition payments, or room and board payments,” Bergman stated.

They’re now accepting 32 forms of cryptocurrency, together with Bitcoin.

Donations get to QU’s checking account inside minutes, permitting the college to make use of the cash for the varsity’s newest wants.

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