Crypto bars and entertainment spots are invading Washington

Source Cryptopolitan

Washington is exploring real-time crypto payments, and Republicans are at the forefront. According to reports, there are pubs and entertainment venues that exclusively accept crypto payments. Here comes the future of crypto in popular businesses.

The first case involves a bar in DC that was popular with Republican staffers. Apparently, it announced that it was closing and would be replaced by a bar that only takes crypto like Bitcoin as payment.

Pubkey, a bar in Greenwich Village that describes itself as a “vibrant bitcoin community,” had taken over the lease of Hill Country. Hill Country is a popular Texas barbecue restaurant and music venue that recently announced it would close its doors in Penn Quarter after 14 years.

Pubkey’s move to Washington is a big deal in the history of crypto, even if it doesn’t replace the Republican bar. With the bar’s opening coming up soon, it looks like the crypto community is actually making progress in the nation’s capital.

Lawmakers used to think that crypto enthusiasts were just a bunch of shady libertarians. Still, now that big names in crypto, like David Sacks and Elon Musk, backed Trump’s reelection, the crypto community has a lot of power in the Trump administration. In fact, now businesses can make crypto payments without debanking. 

Hill Country is to be replaced by Pubkey, a business that runs on crypto

Hill Country was not just your normal bar. It is a bar with decor that screams “TEXAS” louder than anyone else’s. It has long been known as a great place for Republican workers to go out at night for live country music, a good smoked brisket, and reasonably priced well liquor. It’s also a spot where powerful GOP lawmakers might be seen having fun.

For instance, in 2023, Rep. George Santos was seen singing “I Will Survive” at a karaoke bar. At the time, he was being investigated by the federal government and Congress for theft and lying about his background.

Trump was the first president to use Bitcoin for transactions, which was seen as a sign of support for the crypto community. He used $998.70 worth of Bitcoin to buy smash burgers for everyone. 

Pubkey, which opened in 2022 near the Manhattan campus of New York University, has a very laid-back vibe. It’s a dive bar/podcast studio that’s buried underground and serves pub food created by a former employee of Eleven Madison Park. Anyone could hang out there as long as they paid with cryptocurrency.

Democrats seen in a crypto business 

Pubkey owner Thomas Pacchia said that the company will open a location in Washington, DC, in the next few months.

Even though he knew that Trump’s visit got bad press, Pacchia said that Democrats like Rep. Ritchie Torres and Sen. Kirsten Gillibrand had also been to Pubkey and hoped that the new address would bring in people from both parties. He said that anyone who wants to talk about Bitcoin is welcome. 

In the last few years, more and more places to hang out that focus on crypto have opened up all over the country. Meanwhile, the global crypto market cap today is $2.85 Trillion, a 3.9% decline in the last 24 hours. Trump’s policies have hit all markets. When everything is hopefully settled, there will be more than enough reasons for the industry to rally.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Faces Pressure Ahead of Fed Decision as Prices Extend Drop Below $4,000 As of the Asian session on October 23, gold prices (XAUUSD) continued Thursday's decline, dipping below the $4,000 mark during intraday trading to hit a low of $3,986.54. On Thursday, gol
Author  TradingKey
Yesterday 07: 51
As of the Asian session on October 23, gold prices (XAUUSD) continued Thursday's decline, dipping below the $4,000 mark during intraday trading to hit a low of $3,986.54. On Thursday, gol
placeholder
Nasdaq closes at 26,008.86 — 8.9 points above 26,000, and the credit market never blinkedThe Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.
Author  Irene Q.
Yesterday 06: 39
The Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.
placeholder
Brent tops $113 on Saudi supply risk — but the diesel line in the EIA report is the tellBrent's December contract settled at $113.17 on October 22, up 4.00% and the highest close since May 4, after Saudi Arabia restricted refined-product shipments. The same session's EIA report showed crude stocks down 3.06 million barrels and gasoline down 2.95 million — but distillates built 1.68 million. That single line decides whether $113 holds: here are the data, the 108.8 / 114.0 / 119.3 levels and the two scenarios.
Author  Irene Q.
Yesterday 05: 51
Brent's December contract settled at $113.17 on October 22, up 4.00% and the highest close since May 4, after Saudi Arabia restricted refined-product shipments. The same session's EIA report showed crude stocks down 3.06 million barrels and gasoline down 2.95 million — but distillates built 1.68 million. That single line decides whether $113 holds: here are the data, the 108.8 / 114.0 / 119.3 levels and the two scenarios.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 23, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 23, 2026. Read on for the details.
Author  Mitrade
Yesterday 02: 56
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 23, 2026. Read on for the details.
placeholder
Gold falls to two‑month low below $4,050 as oil spikesGold price (XAU/USD) falls to the lowest in more than two months near $4,025 during the early Asian session on Friday. The precious metal faces some selling pressure as escalating tensions in the Middle East send oil surging ahead of a Federal Reserve (Fed) policy meeting.
Author  FXStreet
Yesterday 01: 25
Gold price (XAU/USD) falls to the lowest in more than two months near $4,025 during the early Asian session on Friday. The precious metal faces some selling pressure as escalating tensions in the Middle East send oil surging ahead of a Federal Reserve (Fed) policy meeting.
goTop
quote