In the future, Citizens School plans to incorporate blockchain technology into numerous parts of its academic and activities, according to the school.

Citizens School in Dubai, according to the local news portal Arabian Business, will accept tuition payments in Bitcoin (BTC) or Ethereum (ETH) (ETH). Payments made with digital assets are processed through an unnamed processing platform and automatically transformed into UAE dirhams (AED). Dr Adil Alzarooni, the founder of Citizens School, commented:

"We look forward to enhancing the role of young generations in achieving the UAE's digital economy. As more people embrace the era of digitalization, today's children will become the entrepreneurs and investors of tomorrow."

Simultaneously, Hisham Hodroge, CEO of Citizens School, added: "Introducing the ability to pay tuition fees through cryptocurrencies goes beyond just providing another payment option. It is a means to drive further interest in the applications of blockchain — a technology that Citizens School intends to deploy, in time, across several aspects of its academic and operations."

The school, which is due to start in September, is in the centre of Dubai and appears to be organized like an international school. It is open to pupils aged 3 to 11 years old. Citizens School's tuition costs range from 45,000 AED to 65,000 AED a year ($12,250 to $17,700) before VAT, school lunches, a mandatory iPad for learning, field trips, extracurricular activities, and transportation, according to the school's website.

With an expanding number of crypto-friendly policies, the UAE has become a digital asset proponent in the Middle East. Binance and FTX have both acquired their operations licences in Dubai lately. In the meantime, regulators in Abu Dhabi are circulating draught guidelines allowing nonfungible token trading.