Canadian Basketball League To Pay Players In Bitcoin
The Canadian Elite Basketball League will allow players to receive portions of their salaries in bitcoin, through a partnership with Bitbuy.The Canadian Elite Basketball League (CEBL) announced that it will allow its players to receive a portion of their salaries in bitcoin through a partnership with Canadian bitcoin exchange Bitbuy.“Some of the best players outside the NBA, and some with NBA experience, have joined our league because we make player-first decisions,” said Mike Morreale, the commissioner and CEO CEBL, per the announcement. “Our partnership with Bitbuy speaks to our....
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CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin The Canadian Elite Basketball League (CEBL) announced the deal with Bitbuy days before the start of its third season, on June 24. The league, which was founded four years ago, launched in 2019 with six teams, all of them owned and managed by the Canadian....
Canada might not be known for crypto, or for basketball, but recent news could be changing that. The Canadian Elite Basketball League (CEBL) is becoming the first professional sports league in North America to adopt bitcoin as a method of payment for player salaries. The move is part of a league partnership with Canadian crypto […]
"The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie. The Canadian Elite Basketball League will be allowing players from its seven teams to accept a portion of their salaries in Bitcoin starting next week. According to a Thursday announcement, the Canadian Elite Basketball League, or CEBL, has partnered with Toronto-based cryptocurrency exchange Bitbuy to convert part of basketball players’ existing salaries from Canadian dollars to Bitcoin (BTC)....
The MLB is swinging for the fences with crypto exchange FTX. Baseball’s biggest league has become the first of the ‘big 4’ major sports leagues in the U.S. to formalize a partnership with an exchange. The news comes just days after the Canadian Elite Basketball League (CEBL) became the first pro sports league in North […]
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by the American rapper Ice Cube and Big3 decided to sell the rights tied to the team by leveraging non-fungible token (NFT) assets. Big3 Team the Killer 3s Sold for 25 NFTs According to reports, a decentralized autonomous organization built on the Solana network called Degods DAO has purchased a Big3....