FEATURE: Lebanon’s university students turn to crypto as hyperinflation roils the country by the_postman_
Amid a devastating financial crisis and hyperinflation in Lebanon, the American University of Beirut has been putting together a courseload focusing on cryptocurrency and blockchain applications.
But the Suliman S. Olayan School of Business has fallen on hard times, as has the rest of the country. The Lebanese lira remains officially pegged to the dollar at a rate of 1,500 to 1, but the black-market exchange The blockchain program is new to the university. By his own account, Halpin drew inspiration from current chair of the Securities and Exchange Commission Gary Gensler’s courses at MIT, which Halpin took while working at the university.
The new curriculum was enough of a success that the university has expanded, adding a DeFi module for professionals starting in July, and aiming to set up separate courses for graduate students with more of a programming background.
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