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A newly opened rooftop bar - Fable Melbourne - is now accepting payment via cryptocurrencies, as part of an emerging global trend in retail and hospitality industries.

With Starbucks USA announcing its acceptance of cryptocurrency in November last year, this new announcement from Fable Melbourne may signify a rising acceptance of crypto in Australia’s hospitality and retail industries.

Fable Melbourne’s owner Gehan Rajapakse (Sofitel, Marrakech, Rah Bar, Club 23, Crown Casino) is also the Chief Executive of precog.finance, a cutting edge, AI-assisted crypto trading platform. He has been working on the capability to offer crypto as a payment option since before the venue opened in November 2021.

Gehan enthused “we are so thrilled to be able to provide this option for our clientele at Fable Melbourne. Blockchain technology is revolutionising the way we interact, and now even how we engage in commerce with greater efficiency and transparency. Very exciting for brick and mortar merchants like us to be able to plug into this capability.”

Cryptocurrencies accepted at Fable Melbourne include Bitcoin, Ethereum, Tether and a number of other currencies.

Simon Moser, a director at Polygrowth - a global leading, European crypto communications agency, notes "It's really exciting that physical stores in Australia are starting to offer cryptocurrency payment options. Global adoption of digital currencies in brick-and-mortar is still relatively slow, so we applaud Gehan Rajapakse and his team at Fable Melbourne for leading the way.

“The increasing availability of crypto payments is more important now than ever and can lay the foundation for a future decentralided economy that benefits consumers and businesses alike.”

Fable Melbourne is becoming a favourite destination for after work and late night get togethers, boasting exceptional views from the East End of the city all the way to the Arts Centre, Marvel Stadium and the Bolte Bridge.

Fable Melbourne Opening Hours: 5pm–1am Wednesday and Thursday; 3pm–2am Friday and Saturday, with their newly launched Aperitivo on offer from 3-6pm Friday-Saturday.

Crypto payment bookings can be made via fablemelbourne.com.au: simply choose one of the three packages available (Fable Happily Ever After, Aesop’s Fable or even a Helicopter and Dinner package) and select Utrust as a payment option when checking out.

More information on Fable Melbourne 

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