Bitcoin
B2BinPay’s New Partnership With the Athletic Club Is a Triumph for Both Sports and FinTech

press release
PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season.
On top of the B2BinPay logo featuring prominently in all official jerseys, several joint marketing initiatives have been planned for execution as well. Through our partnership with Athletic Club, B2BinPay hopes to bring cryptocurrency payments closer than ever before to enthusiastic football fans around the world.
With enthusiasm, Arthur Azizov – the CEO of B2BinPay’s parent company, B2Broker – expressed his delight at the news: “I am a passionate football fan myself, and we have our own corporate football team here in B2BinPay. That’s why I am so proud to announce that our company will now sponsor the great Athletic Club. We do not doubt that the Athletic team will triumph in La Liga during the upcoming 22/23 and 23/24 seasons, potentially playing their way into the UEFA Europa League finals! Also, we hope our sponsorship of Athletic Bilbao will be an opportunity to promote cryptocurrency payments adoption among football fans and in Europe in general.”
“We are very happy to have reached this agreement with a leading company such as B2BinPay and we are certain that it will be a great travel companion to achieve the objectives that we have set for ourselves,” declared Jon Uriarte, President of Athletic Club.
About B2BinPay
For companies seeking secure and effortless crypto transactions, B2BinPay stands head-and-shoulders above the rest. Their unbeatable fees, lightning-fast integration process, and top-notch efficiency make them perfect for businesses of any size — allowing companies to easily accept payments in an array of coins, tokens, and stablecoins!
Closing Remarks
Athletic Club & B2BinPay’s partnership is a milestone for both companies, offering immense potential and lucrative rewards. This marks the beginning of a promising journey connecting two powerhouses in their industries. With a mutual dedication to advancing cryptocurrency payments, this groundbreaking venture will surely make its presence felt!
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Source: Bitcoin.com (Bitcoin)
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Bitcoin
Tokenized KYC: Tron Founder Foresees Crypto Regulation Future

In a recent interview, Justin Sun, founder of Tron, discussed the increasing regulatory scrutiny on the cryptocurrency industry and how tokenized know-your-customer (KYC) checks could become a new standard. He suggested that, in the future, even decentralized exchanges might need to adopt these procedures to ensure compliance with “travel rules and anti-money laundering (AML) requirements.”
Sun’s comments come amid a broader conversation about regulatory requirements for cryptocurrencies, particularly in the United States. Sun conjectured that the U.S. government could mandate KYC checks for anyone involved in crypto token transactions. This could mean that developers of decentralized exchanges, like Uniswap, would have to ensure KYC checks for all their on-chain users.
In a potential solution to this regulatory challenge, Huobi, a cryptocurrency exchange where Sun is an advisor, recently launched the Dominica Metaverse Bound Token (DMBT). Part of the state-backed Dominica Metaverse Digital Citizen (DMDC) program, DMBT is a “soulbound token” that essentially offers tokenized identity to those who have passed tier 3 KYC verification on Huobi. This verification process includes facial recognition and the submission of personal information and national ID pictures.
DMBT is minted on the Tron blockchain and grants holders “citizenship” to the Dominica Metaverse, which serves as a government-issued ID for the Commonwealth of Dominica. Beyond its initial function as a virtual interaction layer and a regional marketing tool, Sun envisages greater potential for the Dominica Metaverse in other parts of the digital economy.
According to Sun, having a recognized platform with KYC could enable users to access various platforms using the same soulbound token or decentralized ID. Such a system could be adopted by different applications such as Compound, Uniswap, and dYdX to verify a user’s identity.
Sun believes that this approach could balance regulatory compliance with the core values of decentralization and self-custody of digital assets prevalent in the crypto industry. He anticipates a multitude of use cases for decentralized ID in the future, given its potential to meet both user and regulatory needs.
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