out of our planned steps in this direction is to support payments in Bitcoin. Convincing them to do so is a different matter, though. Instead, they have to deal with tax issues. In an interview with Russian media organization RBC, he said: "I am a supporter, a cryptoround (sic) must exist.". Recent reports from the country seem to indicate just that.
Petersburg, Moscow and Yekaterinburg have locations in Russia. And this month bitcoin hit a fresh record high of more than 4,300 although the original cryptocoin's blockchain was forced to split in two earlier this month, contributing to concern from some investors.
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With multiple developers competing to create a proper solution, things will get very interesting in Russia moving forward. Header image courtesy of, african forex lounge shutterstock, burger King in Russia Enable Bitcoin Payments Later This Year was last modified: April 2nd, 2018 by newsbtc. ChronoPay founder Pavel Vrublevsky said: For a long time, I have been extremely skeptical about Bitcoins and blockade, including criticizing these initiatives in public, I hate the Komsomol very much, but having thoroughly studied the subject, I apologize to everyone Ive changed my point. But first, a team has to win the development contract by submitting the best proposal to Burger King. It is a major development for cryptocurrency enthusiasts in the country. Proposals are also being made by the Central Bank of Russia to categorize this cryptocurrency as a digital asset. Getting more retailers to accept Bitcoin payments is never a bad idea. However Russia's First Deputy Prime Minister Igor Shuvalov has since shown support for cryptocurrencies. Such a definition greatly helps the Bitcoin payments process, especially for the purpose of taxation. Such technology has been promised to revolutionize processes from financial trades to legal "smart" contracts.