.CEOAdam highlighted the importance of regulatory compliance in a recent interview
, CEO of movie theater giant AMC, said that his company had to “watch and see” whether or not it would be able to take advantage of embracing cryptocurrencies:, Aron recently announced that AMC would start accepting Shiba Inu and Dogecoin, the two largest meme cryptocurrencies, later this March.Aron says that Apple Pay, Google Pay and PayPal payments already account for roughly 50% of the total online ticketing.
He notes that the regulatory framework around cryptocurrencies is changing at a rapid pace, stressing that the prominent chain is focused on complying with every existing regulatory guidance: The movie theater chain is riding high on the success of “The Batman,” which has nabbed a $129 million domestic debut. AMC accounted for roughly a third of the superhero movie’s ticket sales.