AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases

[ad_1] AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn’t stop there. In a Twitter post early Friday morning, Adam Aron, the company’s CEO, asked if users would be potentially interested in paying with Shiba Inu as well. At the time of writing, 97,582 Twitter users had already taken part in the poll, with approximately 85% of voters choosing “Yes.” The iconic theatre chain has taken…

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Houston Firefighters US Pension Fund Purchases Bitcoin

[ad_1] A U.S. public pension fund has invested in bitcoin for the first time. The Houston Firefighters’ Relief and Retirement Fund acquired an undisclosed amount of BTC through institutional bitcoin services provider NYDIG. The investment “represents a watershed moment for bitcoin and its place in public pensions,” the global head of asset management at NYDIG said. The pension fund for Houston’s firefighters, the Houston Firefighters’ Relief and Retirement Fund (HFRRF), announced today that it had purchased bitcoin for the defined benefit plan’s portfolio, making it the first announced investment in…

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AMC Theatres debuts crypto payments for e-gift card purchases

[ad_1] American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app and theatres, CEO Adam Aron announced on Oct. 5. The new payment option was enabled through major crypto payment processor BitPay, allowing consumers to purchase e-cards of up to $200, Aron noted. The CEO paid special attention to Dogecoin (DOGE) among the digital assets accepted for…

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