Regal Cinemas to Settle for Crypto for Tickets, Concessions

 Regal Cinemas to Settle for Crypto for Tickets, Concessions

Movie show chain Regal will settle for cryptocurrency as cost from prospects by a partnership with digital funds agency Flexa, in response to an announcement Tuesday morning.

Regal stated it is going to settle for cryptocurrencies, together with bitcoin, ether, Litecoin and dogecoin, as cost for tickets and at its concession stands.

The corporate may also permit prospects to pay with digital {dollars} and stablecoins, together with USD Coin, Dai and Gemini greenback. As well as, tokens comparable to LINK, ATOM and BAT will likely be accepted.

Regal follows AMC Theatres, the biggest movie show chain within the U.S., which earlier this month stated it could settle for bitcoin, ether and different cryptocurrencies for on-line funds.

Learn extra: AMC Theatres to Settle for Bitcoin, Ether for On-line Funds

Regal, a U.S. subsidiary of UK-based Cineworld Group, has 6,885 screens in 514 theaters in 42 states together with Washington, D.C., and Guam.

“This thrilling partnership allows us to simply and seamlessly settle for digital currencies – together with dogecoin, stablecoins and bitcoin – throughout our theatre footprint in a easy and fully contactless method,” Regal Chief Advertising Officer Ken Thewes stated.

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