- AMC starts accepting, Bitcoin, Ethereum, Litecoin, Bitcoin Cash for Payment.
- AMC CEO has put forth his interest in crypto during a conference.
- American Multi-Cinema would consider other blockchain-related options.
In this modern world, many countries are started to accept cryptocurrencies as payment methods. As a known fact Bitcoin (BTC) and other cryptocurrencies have started to gain attention. Day by day the demand for crypto assets is growing gradually. And many financial firms, educational institutions, and governments have started to incorporate crypto into its system.
More so, many celebrities also accepting payments in Cryptocurrencies. Now crypto enter the world of Cinema. In August, one of the world’s largest movie theatre chains, American Multi-Cinema Entertainment has made an announcement there are in the plan of accepting Bitcoin (BTC) for payment.
Accordingly, today American Multi-Cinema (AMC) CEO Adam Aron has announced that ACM is going to accept altcoins such as Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) on top of Bitcoin (BTC).
Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash. pic.twitter.com/uKcFyQotoJ
— Adam Aron (@CEOAdam) September 16, 2021
These days, crypto payments seem to be popular. As aforementioned every platform has been integrating crypto especially Bitcoin (BTC) as a method of payment.
Furthermore, in August 2021, AMC CEO has put forth his interest in crypto during a conference. Eventually, Aron noted that American cinema operator was developing as infrastructure especially to accommodate BTC.
Later, he also mentioned that AMC would consider other blockchain-related options. This is the reason, why altcoin payments appear to be a logical step for the movie theatre chain. The integration of crypto into the system could provide an advantage for AMC as well as the crypto industry.
The world’s largest cinema chain had also revealed that it would soon expand across the United States, Middle East, and also Europe. The other largest cinema chain in Thailand has also integrated Bitcoin (BTC) as its payment method
