THELOGICALINDIAN - CEBL the Canadian mens basketball alliance will action its able basketball players the advantage to accept a allocation of their bacon in cryptocurrency The new acquittal advantage has been enabled through a affiliation with the Canadian cryptocurrency barter Bitbuy
Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin
The Canadian Elite Basketball Alliance (CEBL) appear the accord with Bitbuy canicule afore the alpha of its third season, on June 24. The league, which was founded four years ago, launched in 2019 with six teams, all of them endemic and managed by the Canadian Basketball Ventures group. It now says the crypto affiliation will be the aboriginal of its affectionate for any able sports alliance in North America. CEBL Commissioner and CEO Mike Morreale commented:
With the advice of Bitbuy, the basketball players will be able to opt-in to accept a allocation of their bacon in bitcoin (BTC). The trading belvedere will catechumen the Canadian dollar payments into cryptocurrency and drop the agenda bill to the players’ claimed crypto wallets. The exchange, which has added than 300,000 users in Canada, will additionally become an official sponsor of the alliance as allotment of the acceding with the CEBL.
Basketball Players Ask for Bitcoin Salary Option
According to Charlie Aikenhead, VP of Marketing at Bitbuy, the affiliation represents a cogent about-face in how athletes are cerebration about compensation. “We’re aflame to advice the CEBL’s players assure their abiding abundance by accepting paid in Bitcoin,” he added, emphasizing that the crypto aggregation is appreciative to abutment acquaintance Canadian sports.
The cooperation amid Bitbuy and the CEBL comes in acknowledgment to basketball players delivery absorption in crypto payments to the league’s management. They referred to the case of NFL’s Russell Okung who aftermost year became the aboriginal able amateur in North America to be paid in bitcoin. In December, the Carolina Panthers abhorrent lineman appear he would be accepting bisected of his 13 million-dollar bacon in BTC, as Bitcoin.com News reported.
Guelph Nighthawks’ bouncer Kimbal Mackenzie, who will be amid the aboriginal CEBL players to accept accomplishment in crypto, was quoted in a columnist absolution as saying:
Mackenzie thinks this is an advance that will acknowledge abundantly over the abutting decades and insists that his accommodation was a no-brainer. The crypto bacon option, in his view, additionally highlights that the CEBL is one of the top able sports leagues in the world.
Cryptocurrency prices accept added decidedly over the accomplished year as both alone investors and companies approved to assure their funds in ambiguous bread-and-butter times due to the all-around pandemic. BTC, the crypto with the better bazaar capitalization, accomplished a almanac aerial of over $63,000 in April. It has back alone to beneath $40,000 per bread and is currently trading amid $35,000 and $36,000 on Saturday.
Do you apprehend added sports leagues to action their players the advantage to get paid in cryptocurrency? Tell us in the comments area below.
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