Dallas Mavericks

Mark Cuban says Dallas Mavericks to accept Bitcoin next season

The Dallas Mavericks could become one of the first U.S. sports team to accept Bitcoin as payment for tickets.

Mark Cuban said fans will be able to use the cryptocurrency next season in a response to a question on Twitter on Monday.

Cuban told the Star-Telegram that “it will happen.”

He told CoinDesk.com the Mavs will accept multiple types of cryptocurrency. “We will be adding a crypto payment ability for next season. We will accept BTC, Eth, possibly some other currencies. [That’s] to be determined,” Cuban confirmed to CoinDesk.

The NBA’s Sacremento Kings announced they were accepting Bitcoin in 2014.

Cuban is an investor in multiple cryptocurrency companies. The NBA has no authority over the currency its teams accept.

Cryptocurrency are digital assetts designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.

Stefan Stevenson: 817-390-7760, @StevensonFWST

This story was originally published January 16, 2018 at 5:26 PM with the headline "Mark Cuban says Dallas Mavericks to accept Bitcoin next season."

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