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The NFL Is Leading the Pack in Cryptocurrency Adoption within Sports

He claimed to be the first footballer to receive a salary in bitcoin. He is now reportedly receiving half of his multi-million-dollar contract salary in currency devised by the mysterious Satoshi Nakamoto. Okung has been a devoted bitcoin advocate for years, and he has been asking to be paid in bitcoin since May 2019.
Okung is not receiving bitcoin directly from the Panthers. The Panthers will reportedly pay part of Okung’s $13 million to Strike, which will then pay Okung in bitcoin. Strike, an application developed by Zap Solutions Inc., which helps people convert any percentage of their paychecks into bitcoin. ....

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Kyrgyzstan: Central Bank Publishes Draft Crypto Laws, Calls for Public Comments

Reading Time: 2 minutes
by
Anthonia Isichei
on
January 6, 2021 Regulation
Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection.
Kyrgyzstan’s Crypto Regulations
The National Bank of the Kyrgyz Republic has announced the drafting of two bills concerning crypto regulations in the country. According to a statement by the central bank, the two bills are titled: “On Amendments to Legislative Acts in the Field of Crypto-assets” and “On the Processing of Crypto-assets.” ....

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