Cryptocurrencies have certainly made it big in the world. An array of platforms recognized these assets and even incorporated them. AMC, the world’s largest cinema chain made it to the headlines after the firm’s CEO expressed interest in crypto. More recently, the AMC CEO revealed that they would take things up a notch while he dropped hints about launching a native cryptocurrency.
A look back into 2021 is proof enough of the growth of the crypto market. The value and the prominence of the industry took a serious turn this year. Celebrities, governments, prominent firms, and even the average Joe went on to embrace Bitcoin [BTC] and other crypto assets.
Better late than never! Following this motto, AMC dived into the crypto biz back in August 2021 when the firm’s CEO, Adam Aron announced the inclusion of Bitcoin into its payment system. While this list witnessed growth in no time, Aron recently noted that the firm was well invested in the industry.
AMC CEO drops hints about launching a cryptocurrency
Appearing in an interview with CNBC, Aron pointed out the company’s latest fervor around the crypto market. He acknowledged the fact that AMC had “made a lot of noise in the last few months about getting hyperactive in cryptocurrency.”
This wasn’t all. The CEO further aims to remain relevant in the crypto-verse. Remarking that the cinema chain would thrive in the crypto biz, he added,
“There are a lot of reasons why AMC could be a successful issuer of cryptocurrency as well as a redeemer of cryptocurrency.”
While this comes as great news to cinema and crypto lovers, seeking a green signal from regulatory authorities, particularly in the US could be a tough nut to crack. The regulatory scenario in the US continues to remain hazy. Ripple, Facebook, and several others have been strong witnesses of the same.
Circling back to where it all started, AMC has been prepping to accommodate cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC] as well as Bitcoin Cash [BCH] by the end of this year. Dogecoin [DOGE] was recently added to this list after the community’s appeal to the CEO himself.