Russia is going to recognize bitcoin,so is it a potential and big market?How can I know more about Russia's market?
Yes, Russia with its big population and burgeoning economy can be a big boost to Bitcoin. The government is set to legalize Bitcoin by end of next year as they are preparing to lay down the policies and regulations on Bitcoin. Although this can somehow restrict the movement of Bitcoin the advantage is that it will be recognized by the government as an asset and can already be utilized just like the usual money. I am sure that the government is compelled to recognized Bitcoin because of the volume of usage within the country and they don't want to be left behind. Russia is a big market and has a good potential to push the value of Bitcoin some more. Nice one, Russia!