PubKey, the Bitcoin-themed bar operating in New York City and Washington, D.C., suspended Bitcoin payments on August 7 without providing an explanation. The establishment, which processes approximately 7% of its transactions in Bitcoin, uses Square’s payment system introduced in 2025. This interruption, the first significant one for the bar, was not detailed, leaving it unclear whether the issue stems from Square’s infrastructure or PubKey’s own integration. The financial impact should remain manageable for the establishment, which offers a 21% discount on Bitcoin payments.
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