- The Washington Times - Thursday, January 16, 2014

The NBA is officially Bitcoin-friendly, and the league can thank the Sacramento Kings. The organization says that it is the first in professional sports to accept the digital currency.

Starting on March 1, customers who would like to use Bitcoin inside the team’s retail store in Sacramento will be able to do so, Wired magazine reported.

The Kings will use BitPay, an online service from Atlanta, Ga., to facilitate the service, according to Wired. A BitPay spokesperson told the magazine that its service is used by roughly 20,000 merchants, with “about 1,000 signing up each week.”

Sign up for Daily Newsletters

Copyright © 2019 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide