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Friday, August 31, 2018

Italy Offers Its Fair Share Of Luxury Items

Thursday, August 30, 2018

Rimini FC Purchased Through Cryptocurrency

Rimini FC who play professional soccer in Italy's third division Serie C were recently purchased by Quantocoin - a cryptocurrency like Bitcoin.

"...According to Pablo Dana, a partner at Quantocoin, the purchase will be the first of many that his firm wants to make in the industry. He believes cryptocurrency offers a unique opportunity to fight corruption in a sport which has been rocked by a number of high-profile scandals involving cash, such as the accusation that Qatar bought votes as they won the right to host the World Cup in 2022..."

More here at Forbes.

It's worth noting Italian soccer was among the first to have its pro leagues embrace goal-line technology, VAR and now cryptocurrency as a means of transaction.

Hopefully, Napoli, Inter Milan and AS Roma can finally build their modern facilities to continue what seems to be a slow path towards an Italian renaissance. The new stadiums are crucial not only for Serie A's image but to attract more revenues which, in turn, lead to signing big star players.