Cryptocurrency
Dear University of Reading,
Under the Freedom of Information Act I seek the following information:
1. Has the university accepted payment of tuition fees in cryptocurrency, such as but not limited to Bitcoin, Etherium, Tether etc, for each of the following calendar years 2020/2021/2022.
If so please provide the number of students who paid this way for each year and state the cryptocurrency used and its value in cryptocurrency (if possible) at time of payment.
In each case please state whether the student was an undergraduate or postgraduate, the course they were studying and if they were a UK or foreign national. In the case of foreign nationals please state which country they were from.
2. If possible in each case please state if the payments were converted to pounds immediately or held as investments.
3. For each of the following years 2020/2021/2022 has the university or any subsidiaries purchased any cryptocurrencies such as but not limited to Bitcoin, Etherium, Tether etc.
If so please state the type of cryptocurrency, the value of the cryptocurrency in cryptocurrency at time of purchase.
Please also state whether the investment is still held or if it has been sold and if so what its value was when it was sold.
4. Does the university currently have any investments in cryptocurrency, such as but not limited to Bitcoin, Etherium, Tether etc, or Non-fungible tokens.
If so please state the holdings and their purchase value.
Yours faithfully,
Neil Johnston
Dear Neil Johnston,
This is to acknowledge receipt of your request for information below and to let you know it is being processed.
We'll get back to you as soon as we can, but in any case within 20 working days from 07/12/2022.
Please quote the reference number in the subject line in any future correspondence, thank you.
Yours sincerely,
Sinead Latham
Information Management & Policy Services (IMPS), University of Reading, Whiteknights, Reading, RG6 6AH
t: +44 (0)118 378 8981 www.reading.ac.uk/foia
Dear Neil Johnston,
We have completed the compilation of information in response to your
request.
We can confirm that we do hold some information of the description
specified in your request. Our responses are given below each limb of your
request.
*************** FOI RESPONSE ***********
1. Has the university accepted payment of tuition fees in cryptocurrency,
such as but not limited to Bitcoin, Etherium, Tether etc, for each of the
following calendar years 2020/2021/2022.
If so please provide the number of students who paid this way for each
year and state the cryptocurrency used and its value in cryptocurrency
(if possible) at time of payment.
No, the University has not accepted payment of tuition fees in
cryptocurrency. Please see here for information on accepted payment
methods:
[1]https://www.reading.ac.uk/finance/inform...
In each case please state whether the student was an undergraduate or
postgraduate, the course they were studying and if they were a UK or
foreign national. In the case of foreign nationals please state which
country they were from.
2. If possible in each case please state if the payments were converted to
pounds immediately or held as investments.
N/A by virtue of answer to Q1
3. For each of the following years 2020/2021/2022 has the university or
any subsidiaries purchased any cryptocurrencies such as but not limited to
Bitcoin, Etherium, Tether etc.
If so please state the type of cryptocurrency, the value of the
cryptocurrency in cryptocurrency at time of purchase.
Please also state whether the investment is still held or if it has been
sold and if so what its value was when it was sold.
The University did not invest in cryptocurrency.
4. Does the university currently have any investments in cryptocurrency,
such as but not limited to Bitcoin, Etherium, Tether etc, or Non-fungible
tokens.
If so please state the holdings and their purchase value.
The University has no holdings in cryptocurrency.
For further information on University investments and financial statements
please, see information available via the link below:
[2]https://www.reading.ac.uk/finance/univer...
******************* END *****************
We are required to include details of our complaints procedures, including
your rights to apply to the Information Commissioner. The procedure is
detailed in our Freedom of Information and Environmental Information
Regulations policy on the web at
[3]www.reading.ac.uk/freedom-of-information-policy
If we are unable to resolve any complaint, you can complain to the
Information Commissioner, the independent body who oversees the access to
information regimes: [4]https://ico.org.uk/make-a-complaint/
Yours sincerely,
Sinead Latham
Information Compliance Officer
Information Management & Policy Services (IMPS), University of Reading,
Whiteknights, Reading, RG6 6AH
[5][University of Reading request email] t: +44 (0)118 378 8981
[6]www.reading.ac.uk/foia
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