Popular beach city known for pro-crypto dining declares fiscal distress
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最新报道：Santa Monica restaurants are embracing cryptocurrency payments, with over 400 California businesses now accepting crypto. FAT Brands, parent company of Round Table Pizza and Fatburger, began accepting Bitcoin for franchisee royalties in April, signaling a shift toward B2B crypto transactions. Lower transaction costs compared to credit cards—potentially saving restaurants thousands annually—and city initiatives like the "Bitcoin Office" support adoption. Despite recent fiscal distress declarations due to a $229 million abuse settlement, Santa Monica continues to position itself as a hub for crypto innovation.
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