Leading U.S. movie theater chain AMC has added two meme-inspired cryptocurrencies, Shiba Inu ($SHIB) and Dogecoin ($DOGE) as payment methods, a week before they were scheduled to go live. The move was announced by AMC’s CEO Adam Aron, who in a tweet shared with his over 240,000 followers detailed the movie theater chain was now […]

As previously promised, customers of AMC Theatres, a subsidiary of AMC Entertainment, will now be able to pay with meme coins Dogecoin (DOGE) and Shiba Inu (SHIB)- thanks to a partnership with BitPay, a crypto payment company. The CEO of the world’s most prominent movie exhibition company made the announcement on Twitter today, saying the company is making the move in response to the ‘clear enthusiasm and interest’ shown by customers. Since their inception, communities of both meme coins have been working hard to encourage businesses to accept the tokens as a form of payment. Adopting Dogecoin and Shiba Inu as Crypto Payments A widely acknowledged reality is that the use of cryptocurrencies and blockchain technology in daily life is increasing day by day, and those who refuse to make the transition are falling more and further behind. Following months of promising the new payment option, the firm revealed last year that it had finally implemented cryptocurrency payments for movie tickets. At the time, it only accepted Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Litecoin Cash (LTC), with the promise that DOGE would follow shortly after. A Twitter poll was also created by the company’s CEO, Aaron Adams, to determine if Shiba Inu (SHIB), another famous meme cryptocurrency that just surpassed Dogecoin in terms of market valuation, should be added to the list of supported cryptocurrencies. According to the results of the poll, the majority of the votes were in support of the movie theater chain embracing SHIB. AMC Theatres is not the only US movie theater chain accepting Dogecoin, Shiba Inu, and other cryptocurrencies for payment of movie tickets. Last year, Regal Cinemas, an American movie theater chain based in Knoxville, Tennessee, announced a partnership with Flexa, a digital payments company, to enable customers to pay for tickets and concessions using digital currencies such as Bitcoin, Dogecoin, Ethereum, and Litecoin.

The post AMC Theatres Now Accepting Dogecoin And Shiba Inu For Online Payments appeared first on Cryptoknowmics-Crypto News and Media Platform.

1st Energy, an Australian energy company, is venturing towards cryptocurrency payments. The company has announced that it will integrate Shiba Inu into its payments system. [...]

AMC theaters confirm when DOGE and SHIB payments will go live according to the CEO Adam Aron so let’s find out more today in our latest Dogecoin news. The CEO of AMC theaters confirmed that the company will introduce DOGE and SHIB payments later this month. After speculating that it will add the two biggest […]

AMC Entertainment Holdings (AMC) is on the verge of ending the long wait for Dogecoin and Shiba Inu fans. Adam Aron, the CEO of AMC Theatres, announced that customers can start paying with the two dog-themed memecoins from the new month. DOGE and SHIB pump as AMC makes an exciting announcement In a tweet, Aron

The post ‪Shiba Inu And Dogecoin Will Be Accepted At AMC Theaters Come March 19th, 2022 appeared first on CoinGape.

Shiba Inu is one of the best performing cryptos, up by 48,000,000% since its…

The post How could Shibarium Layer-2 solution unlock SHIB Value? appeared first on Coin Journal.

DUBAI, Feb 9, 2022 - (ACN Newswire) - Aditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.

Aditya Birla Sun Life AMC Limited is the fourth largest asset manager in India with total assets under management of close to $42 billion. The publicly listed company has its presence in over 280 locations pan-India and present in international markets such as Dubai, Singapore, and Mauritius. It also operates via UCIT to cater to European markets. The company recently received approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City in India that will help to expand its reach and service to global clients. Aditya Birla Sun Life AMC Limited's offshore subsidiaries manage money to the extent of USD 1.32 billion. ABSLAMC is a subsidiary of Aditya Birla Capital Limited (a non-bank financial services conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF).

Commenting on his appointment, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, "We are delighted to have Sarath Sathkumara come on board. He is a seasoned global emerging markets investor with over 30 years of experience in international capital markets and investing. His rich experience, illustrious background and in-depth knowledge of global markets will be an instrument in capitalizing overseas opportunities and launching investment solutions that cater to the needs of international investors. This further strengthens our overseas presence and aligns with our strategy of expanding our offshore business. Sarath will initially focus on launching ESG centered products, along with relevant solutions to cater to GIFT City and overseas clients".

In his current role with ABSLAMC's offshore arm, Sarath has joined as CIO International. Most recently, Sarath was the Managing Director/Portfolio Manager for Taiyo Pacific Partner's India engagement investing business, starting the business 10 years ago and building it ground up. Prior to that, he has worked as a Chief Investment Officer of SBI Venture Capital in Singapore. From 2002 to 2008, Sarath was a Senior Portfolio Manager with the State Street Global Advisors' Active Emerging Markets Group (AUM $12bn), focusing on Asia and MENA regions. Before that Sarath spent 7 years with Capital International in Singapore as part of Capital International's Emerging Markets team (AUM $24bn). He was instrumental in building and running Capital's India business from 1993, the year India opened for foreign investment and witnessed India's capital market transformation. Before that he was with HSBC Group for 10 years in investment and corporate banking in Dubai, San Francisco and New York.

About Aditya Birla Sun Life AMC Limited

Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, with a pan India presence across 280 plus locations and a total AUM of over Rs. 3,109 billion under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings and 7.6 million investor folios for the quarter ending December 31, 2021.

For any media queries, please contact:
Amrita Panja
Email: [email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.

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