Summary

  • A Washington DC bar that was popular with Republican staffers is set to close and be replaced with a venue that only accepts cryptocurrency payments, reportedly the Pubkey bar.
  • Pubkey already runs a branch in New York’s Greenwich Village that only accepts crypto, and owner Thomas Pacchia has now confirmed that he plans to open a DC location in the coming months, although the address remains secret.
  • The bar’s opening reflects the growing influence of the crypto sphere among lawmakers and the increased acceptance of digital currencies.
  • Donald Trump’s 2022 visit to the NY venue, where he bought burgers for the whole bar using bitcoin, helped to increase its profile and demonstrated the then-president’s support for the crypto community.

By Tina Nguyen

Original Article