The largest movie theater chain in Thailand accepts for payment cryptocurrencies

The Major Cineplex movie theater chain, largest in Thailand, – 678 screens – has begun to admit cryptocurrencies for payment of the products and services, including tickets to cinema and popcorn. The company is aimed at one million active users for the first year of work.
Major Cineplex builds an ecosystem of digital payments in partnership with the Swiss payment company Rapidzpay which intends to serve also other companies of Thailand. According to the company, it “will lead to the fact that the financial ecosystem of the country will be able to do without Fiat”.

Major Cineplex didn’t announce what cryptocurrencies will be accepted for payment, however in the Ralidzpay application for iOS and Android the bitcoin, Bitcoin Cash and лайткоин is used now.

These events take place against the background of the fact that recently Securities and Exchange Commission of Thailand (SEC) has approved sale at the exchanges of the country of seven cryptocurrencies: BTC, ETH, BCH, ETC, LTC, XRP and XLM.

According to the secretary general of SEC Rapee Sucharitakul, today the regulator is open for approval of applications for operation of digital assets as the announcement of the Ministry of Finance of licenses of digital assets has come into force.