Gibraltar United Football Team Players Will Be Paid In Cryptocurrency

Pablo Dana, the owner of Gibraltar United football team and an investor in the digital currency Quantocoin, announced that they will become the world’s first team which will pay their players partially with Cryptocurrency next season.

In 2013 Gibraltar United became UEFA certified, and the team is a semi-professional team in the Premier Division of Gibraltar.

The Owner of Gibraltar United says that the club through this method of payment wants to encourage others to do so which. This method could assist in extermination of  financial corruption in the game. He also mentioned that his club will have the possibility to pay foreign players who are cannot easily open a bank account in Gibraltar.

Also in January 2018, Gibraltar presented regulations for business that are using the blockchain innovation technology.  As a result the government is going to launch the first legal system for ICOs in the world.

The discussions regarding the cryptocurrencies has become one of the most popular themes today. The main reason of being so much discussable is a Bitcoin explosion which saw the value of the cryptocurrency rise significantly in a short timeframe. Some of the famous football players such as Lionel Messi, Michael Owen and Luis Figo have already cooperated with blockchain companies and continue their partnership having perspective views on cryptocurrency stronger increase and dominance over the currencies in near future.

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