Largest Thai Cinema Chain Will Accept Cryptos

Largest Thai Cinema Chain Will Accept Cryptos

The top-notch cinema group in Thailand has stepped on the path of bitcoin adoption. Reportedly, the cinema net Major Cineplex will shortly start accepting cryptos as means of payments. Visitors of the entertainment establishment might be able to pay for film tickets and snacks with the "Big Daddy."

Watching IMAX for Bitcoins in Thailand

As News.Bitcoin.com reports with a reference to Thai local media The Nation, the country’s most significant cinema operator Major Cineplex is forming a crypto-payment medium. The cinema net is teaming up with Rapidzpay, the Swiss payment business, to bring BTC settlements to cinema lovers.

Our top trading bots

Major Cineplex also holds the most considerable cinema system in Thailand – the Paragon Cineplex.

The Paragon Cineplex is the place where Major Cineplex and Rapidzpay will hold their crypto-trials. It is founded in the most opulent mall in Bangkok the Siam Paragon.

It provides spectators access to:

  • 16 screens
  • 5,000 seats
  • IMAX hall

Crypto-Details

According to reports, negotiants can resort to the Rapidz PoS setup to receive cyber money and public currencies.

As explained in the settlement, the Thai cinema net and the Swiss team will include virtual settlements into the ingrained payment gateways. Thanks to this, payments for cinema will become easier, safer and much potent, the organizers are expecting.

So far the Thai cinema net has not notified of the acceptance of BTC for settlements. In the meantime, Rapidzpay apps are supporting bitcoin, bitcoin cash, and litecoin.

Major Cineplex has been functioning in Thailand for the past 23 years. Currently, it runs 143 cinema halls, bureaus the third part of which is placed in the Bangkok neighborhood. Furthermore, the chain has divisions in Cambodia and Laos.

The news has come amid Thailand’s start of crypto-regulation. Newly, the Thai Securities and Exchange regulator has begun reviewing proposals from cyber coins operators.

Canada Reports Blockchain To Be Amongst Its Highest Paying Industries
A report recently published by the Canadian Digital Chamber of Commerce proves that the money involved in the blockchain industry of the nation is at the...
Bloomberg Intelligence Analysts Predict Bitcoin to be $1,500
Bitcoin might drop to $1,500. Bloomberg Intelligence experts foretell the 70% price drop from current levels. As of writing, bitcoin is trading at the margin...
Ether’s to See Good Times, Bitcoin Bull Tom Lee Predicts
Bitcoin bull Thomas Lee has switched his attention to the second most popular cyber-coin ether. Lee, who is the head of research at Fundstrat Global Advisors,...
Austrian Bank Will Use Ethereum Blockchain For Issuing $1.35 bln Bonds
Ethereum blockchain will soon be used for knitting a huge quantity of government bonds in Austria. According to local media, this will be the first time...
Binance CEO Revealed Plans to Open Two Exchanges on Each Continent
Zhao Changpeng, the founding father and the top exec of Binance Exchange, has revealed his first endeavours in conquering the world of cryptos. Taking the...
Square Got License to Trade Cryptos in New York, Letting Bitcoin Soar
Cash App, a person-to-person payments service, can now be used by New Yorkers to trade cyber coins. The app is a small business service provided by a financial...
Startup Wala Facilitates Ethereum Micro-Payments For Africans
In Uganda, South Africa and Zimbabwe locals are benefiting from Wala startup, which facilitates micropayments with no fees. People there easily put an average...
$1.6 bln Blockchain Fund to Support Startups With a 30% Inflow From Chinese Gov’t
It is tough for crypto-enthusiasts to survive in China, which has already shut local cyber money bourses as well as announced the taboo on ICOs. Neither...
IBM: New Service For Building Up Blockchain On Top To Emerge Soon
The American global tech company IBM has been known for being supportive towards various blockchain projects. This time, IBM revealed another public ledger...
Bank of England Governor Says Bitcoin Failed as “Currency,” But There’s Hope for Blockchain
The head of the prime bank of the United Kingdom – Bank of England – latterly claimed that BTC has gone wrong both as currency and as a reserve of cost....
Provider Robinhood To Launch Bitcoin & Ether Trading Service
In February, Robinhood, which is a famous financial services company, is going to offer BTC and ETH trading services through its mobile applications....
Blockchain For "Honest" Marketing
The AdEx team creates a new generation of online advertising based on the blockchain technology. AdEx is an advertising exchange, the transactions within...
NASA Will Create An Unmanned Spacecraft That Will "Think" Thanks To AI And The Blockchain
NASA began a new research project, which plans to use artificial intelligence and a blockchain for the intelligent system of an unmanned spacecraft. The...
Kodak is Joining the Cryptohype
The manufacturer of photographic materials and equipment Eastman Kodak, founded in 1888, is going to launch its own blockchain platform for registration...
7 Steps to Protect Cryptocurrency Assets
Now you can protect cryptocurrency assets much better than at the beginning of the decade. Nevertheless, investors still face many risks. New fraud schemes...