Boxing champion Manny Pacquiao and NFL lineman Russell Okung have made cryptocurrency news lately as Pacquaio now has his own cryptocurrency, while Okung recently spoke at a Bitcoin conference. Pacquiao and Okung are not the only ones making news, as Bitcoin exchange BtcTurk and first division football club Yeni Malatyaspor entered into an agreement, while English Premier League champion Manchester City announced a blockchain partnership.
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Pacquaio Launches Cryptocurrency
Boxing champion Manny Pacquiao now has his own cryptocurrency. Pacquiao got support from England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan to start his own cryptocurrency. The Pac token will be listed on the GCOX, the Global Crypto Offering Exchange in Singapore.
Pacquiao’s token was unveiled not only to raise money, but also to build a token ecosystem and Pacquaio is not the only one to start his own cryptocurrency, as American singer-songwriter Jason Derulo is planning to start his own cryptocurrency on GCOX. “We are committed to assembling a diverse, multi-talented array of stars at GCOX, and Jason will certainly not be the last musician to join our ranks.” GCOX’s chief communications officer Evan Ngow said to the media.
Okung Hosted Bitcoin Conference
Los Angeles Chargers offensive lineman Russell Okung recently hosted a Bitcoin conference in Los Angeles. The conference had a number of well known speakers including Bitcoin developer Jimmy Song, Morgan Creek Digital Assets co-founder Anthony Pompliano and eToro analyst Mati Greenspan.
Okung said that he wants to bring awareness to people about some of the banking restrictions his family has gone through in Nigeria and the freedom of using Bitcoin. Okung said he is planning to host more Bitcoin conferences in the future. In his talk at the conference Okung said, “When someone asks me ‘What is Bitcoin?’ I always answer ‘What is freedom?’”
Yeni Malatyaspor Partners with Bitcoin Exchange
The first partnership between a professional sports team and a crypto exchange is the one between Turkish club Yeni Malatyaspor and Bitcoin exchange BtcTurk. The sponsorship agreement will feature the BtcTurk logo on the team kit for this season. It didn’t take long for BtcTurk to get their banner up, as one was spotted at last week’s game between Yeni Malatyaspor and Alanyaspor.
Yeni Malatyaspor is part of the Süper Lig in Turkey, the premier football conference in the country. There is no question that soccer, or football as it is called in many places around the world, is the most popular sport in Turkey. BtcTurk CEO Özgür Güneri said to the media, “And now, we are excited to make another breakthrough in our country and in the world, bringing Yeni Malatyaspor, one of the successful clubs in Turkey Super League and BtcTurk together. With this agreement, we have taken a significant step to increase awareness towards Bitcoin and contribute to healthy growth of cryptocurrency industry in Turkey as well.”
Bitcoin is popular in Turkey because of the financial situation in the country, as the inflation rate in Turkey is 17%. Turkey’s currency, the lira, has fallen dramatically in the last year and people continue to look to alternative forms of currency, including Bitcoin. It should also be noted that many financial providers like PayPal are not available in Turkey and that makes Bitcoin even more attractive.
Many top companies around the world have already embraced cryptocurrencies, especially Bitcoin as an online payment method. Bitcoin has proven to be a reliable, safe and fast way to transfer money and businesses have taken notice. We mentioned earlier that Manchester City is one of the latest teams to look at blockchain technology and they are not alone. Other marquee companies like AT&T, Microsoft, leading online sportsbook BookMaker, and others have already implemented Bitcoin payment methods. You can get started with a Bitcoin wallet today and begin sending and receiving Bitcoin at BookMaker with no worries about your funds not going through. Check out the latest Bitcoin deposit and withdrawal options at BookMaker today and join the many customers who have already discovered Bitcoin as a reliable payment method.
Check out the latest Bitcoin deposit methods at BookMaker today.