Shiba Inu and Dogecoin Now Accepted by AMC Theaters

Shiba Inu and Dogecoin Now Accepted by AMC Theaters

AMC has finally added support for Dogecoin and Shiba Inu after months of anticipation

AMC Theatres, the biggest cinema chain in the world, has finally started accepting Dogecoin and Shiba Inu after teasing the communities behind the two leading meme coins for months.

The announcement was made by CEO Adam Aron on Twitter earlier this Thursday.

Aron gave a “special” shout-out to cryptocurrency payments processor BitPay, which made it possible to accept Dogecoin and Shiba Inu.

As reported by U.Today, AMC was originally supposed to add support for the two canine coins on its website and mobile app on March 19, but the addition happened more than a week earlier.

The movie theater chain ran Twitter polls to find out whether it should move forward with the integration of Dogecoin and Shiba Inu. After hearing a resounding yes from the communities, Aron said that his company had started working on enabling payments in those two cryptocurrencies.

AMC allowed its customers to pay for tickets and concessions with Bitcoin, Ethereum several other cryptocurrencies in November.

For now, Aron is not sure whether or not the cryptocurrency will play a major role in his business. As reported by U.Today, the 67-year-old executive recently told Fox News that he had to “wait and see” whether this would be the case.

More conventional payment methods, such as Google Pay and Apple Pay, currently account for over half of the company’s ticket purchases.

Aron floated the idea of issuing AMC’s own cryptocurrency back in November, but the plan is still up in the air.

The company has also dipped its toes into the non-fungible token space. In January, it gave away more than half a million “I Own AMC” NFTs to its shareholders.

Download our Android app, never to miss the latest news

Get it on Google Play

Original Source :u.today

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

Want to receive the latest stock and cryptocurrency news and investing ideas that can help you make money ?! Subscribe to our newsletter. Enter your email below and hit the subscribe button.

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

If you want professional consultation regarding stock or cryptocurrency investing leave your information below and experts from our trusted partners will reach out to you

Subscribe

* indicates required
DigitalOcean Referral Badge
Previous articleXRP To Top-5 Inevitable! Are These Indicators A Sign Of An Incoming 20% Rally?
Next article‘Crypto Is Here To Stay’ — Ripple CEO Perceives Biden’s Executive Order As An Extremely Significant Development