Coinbase has launched a scholarship program for minority professionals in partnership with the Institute for the Future, University of Nicosia (UNIC), the leading education institute that offers an accredited Master’s degree program devoted to blockchain and digital currency.
Coinbase, a remote-first NASDAQ-listed leading cryptocurrency exchange, announced the news in a blog post on Tuesday, June 1st. According to the announcement, this scholarship program aims to provide talented minority professionals with a full scholarship to obtain an MSc degree in Blockchain and Digital Currency. This program is for black peoples who are of African & Caribbean descent, Hispanic/Latino, Indigenous Americans, and Pacific Islanders.
According to the exchange, the graduates of the Coinbase-UNIC MSc scholarship program will “benefit from a broad background, combining courses in finance, management, computer science, and information systems to provide a holistic analysis of cryptocurrencies and blockchain systems, applications, and services.” The mission of the program is to foster the next generation of leaders in the cryptocurrency industry.
The priority will be given to underrepresented minorities and female applicants. To apply for the scholarship, interested candidates are required to first register on the UNIC website and then complete a Coinbase scholarship application. UNIC team will reach out to the candidates to guide them on completing the MSc in Blockchain and Digital Currency application.
The deadline for the scholarship application is August 18, 2021, and the course will commence on September 27, 2021. Coinbase further announced that as part of the partnership, it will offer up to four additional full scholarships for their next intake of MSc in Blockchain and Digital Currency program in the Fall of 2021.
Another important development in the Coinbase ecosystem is the availability of Coinbase Debit Card payments on Apple Pay and Google Pay. In a separate announcement on Tuesday, Coinbase announced that its Debit Card can now be used with Apple Pay and Google Pay. Starting from this week, the exchange will “invite select customers off the waitlist to begin earning up to 4% back in crypto rewards.” Following the announcement, the value of Coinbase shares on NASDAQ increased by 2%.
As reported, Coinbase debuted its Visa Debit Card in the UK in April of 2019, followed by Europe, and finally in the US in October 2020. The card comes with opt-in crypto rewards, including 1% back in bitcoin and 4% back in lumens, the native token of the Stellar network.
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