Movie theater chain Regal will accept cryptocurrency as payment from customers through a partnership with digital payments firm Flexa, according to a statement Tuesday morning.
Regal said it will accept cryptocurrencies including bitcoin, ether, litecoin and dogecoin as payment for tickets and at its concession stands.
The company will also allow customers to pay with digital dollars and stablecoins, including USD coin, dai and Gemini dollar. In addition, tokens such as LINK, ATOM and BAT will be accepted.
Regal follows AMC Theatres, the largest movie theater chain in the U.S., which earlier this month said it would accept bitcoin, ether and other cryptocurrencies for online payments.
Regal, a U.S. subsidiary of U.K.-based Cineworld Group, has 6,885 screens in 514 theaters in 42 states along with Washington, D.C., and Guam.
“This exciting partnership enables us to easily and seamlessly accept digital currencies – including dogecoin, stablecoins and bitcoin – across our theatre footprint in a simple and completely contactless way,” Regal Chief Marketing Officer Ken Thewes said.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.