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AMC Theatres
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Business & Lifestyle

AMC confirms plan to accept cryptocurrency payments

AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan to accept cryptocurrencies by the end of the year. As of March 31, AMC owned or operated approximately 950 theaters and 10,500 screens globally. AMC CEO Adam Aron tweeted Wednesday: Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect […]

todaySeptember 17, 2021 48

Business & Lifestyle

Proposed legislation in Hawaii would allow banks to serve as cryptocurrency custodians

HONOLULU (Heartland Newsfeed) -- Proposed legislation in Hawaii's state legislature could change the banking system, allowing for the storage and custody of cryptocurrency. Senate Bill 2594 was filed and introduced in the Hawaii Senate with bipartisan support. The legislation would make it legal for banking institutions in the state to hold "digital securities," "virtual currencies," "digital consumer assets" and other "open blockchain tokens" for their customers and allow the court system to hear cases on digital asset claims. Democratic Sens. […]

todayJanuary 23, 2020 80

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Business & Lifestyle

Crypto hedge fund ponies up for bet that crypto will perform better in markets

CHAPEL HILL, N.C. (Heartland Newsfeed) -- A North Carolina hedge fund manager is putting forth a huge wager that the crypto market will outperform the S&P 500 by the end of the decade. Morgan Creek, based in Chapel Hill, recently put forth a $1 million wager as an invitation to skeptical investors who believe it will not outperform the Standard & Poors index to put their money where their mouth is, according to a CNBC report. The firm operates the Digital […]

todayDecember 9, 2018 53

Business & Lifestyle

Striking Twice? Lightning’s Joseph Poon Takes On Ethereum Exchange Project

While cryptocurrency innovation normally calls for 'banking the unbanked', Omise, a new startup, has an opposite goal: 'unbanking the banked'. With help from Joseph Poon, co-author of Bitcoin's Lightning Network white paper, the Thailand-based payment gateway network is building an Ethereum-based decentralized exchange to move toward that goal. The exchange, which Poon has written another white paper for, is directly built into the company's proof-of-stake blockchain names OmiseGo. Upon completion, users will be able to trade fiat currencies like the U.S., Canadian and […]

todayJune 10, 2017 93

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