{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=PT-PT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Adoption%3A+Romanian+university+accepts+crypto+payments&text=A+local+public+university+in+Romania+becomes+the+first+in+the+country+to+allow+students+to+pay+fees+using+cryptocurrency.&text=Adoption+abounds+in+the+world+of+%3Ca+title%3D%22Crypto+Trader+Review%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+as+more+and+more+companies%2C+firms+and+public+institutions+are+looking+to+accept+payments+of+digital+currencies.+At+the+latest%2C+a+public+university+in+Romania+has+announced+that+it+will+be+accepting+cryptocurrency+from+students+to+pay+for+their+admission.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+the+%3Ca+href%3D%22https%3A%2F%2Fwww.ulbsibiu.ro%2Fnews%2Fulbs-va-fi-prima-universitate-din-romania-care-accepta-plati-intr-o-moneda-virtuala%2F%22%3Eannouncement%3C%2Fa%3E%2C+the+Lucian+Blaga+University+of+Sibiu+%28LBUS%29+will+be+the+first+university+in+the+country+to+allow+cryptocurrency+payments.+The+university+plans+to+implement+the+new+payment+system+which+will+accept+crypto+in+the+middle+of+the+year%2C+offering+the+alternative+payment+system+for+more+than+11%2C000+students.+Students+will+be+able+to+pay+using+Elrond+%28EGLD%29+which+the+university+can+convert+to+the+Romanian+leu+--+the+country%27s+national+fiat+currency.%0A%3Cp+class%3D%22s16%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3EUniversity+director+Sorin+Radu+commented+on+the+exciting+step+to+innovative+payments%3A%3C%2Fspan%3E%3C%2Fspan%3E%3C%2Fp%3E%0A%3Cp+class%3D%22s16%22+data-raofz%3D%2214%22%3E%3Cem%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3E%22%3C%2Fspan%3E%3C%2Fspan%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3EOur%C2%A0%3C%2Fspan%3E%3C%2Fspan%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3Euniversity%C2%A0%3C%2Fspan%3E%3C%2Fspan%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3Ehas+been+and+will+continue+to+be+a+supporter+of+the+community+and+local+business%2C+and+the+decision+to+develop+this+partnership+with+Elrond+is+part+of+this%C2%A0%3C%2Fspan%3E%3C%2Fspan%3E%3Cspan+class%3D%22s15%22+data-raofz%3D%2214%22%3E%3Cspan+class%3D%22bumpedFont15%22+data-raofz%3D%2214%22%3Estrategy.%22%3C%2Fspan%3E%3C%2Fspan%3E%3C%2Fem%3E%3C%2Fp%3E%0A%0A%3Ch2+data-raofz%3D%2214%22%3ECryptocurrency+as+an+alternative+to+traditional+payments%3C%2Fh2%3E%0AIn+order+for+the+university+and+partners+to+provide+the+option+to+accept+cryptocurrency%2C+legislation+requires+that+the+purchase+of+cryptocurrency+is+monitored+with+both+know+your+customer+%28KYC%29+and+anti-money+laundering+%28AML%29+protocols+in+place.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AThe+cryptocurrency+the+university+will+be+accepting+is+in+partnership+with+startup+Elrond%2C+which+launched+from+Binance%27s+initial+exchange+offering+%28IEO%29+in+2019.+The+startup+has+grown+to+include+graduates+of+the+local+university+in+Transylvania.+With+a+focus+on+universities%2C+Elrond+has+said+that+it+will+aim+to+carry+out+further+partnership+strategies+with+LBUS.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AThe+project+saw+some+recent+changes+%28such+as+the+mainnet+swap+when+the+ERD+switched+and+took+the+ticker+EGLD%29.+Currently%2C+the+value+has+risen+by+over+13%25+in+its+daily+trading+price+-+likely+as+a+result+of+the+announcement+from+the+university+and+the+subsequent+room+for+adoption.","timeout":15}