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 would be a big market for bitcoin.Already,a bitcoin exchange is there now which you can find in my signature below.Russian government has decided to regulate bitcoin so that ot could get revenue from bitcoin earnings.Russia is a super power and it would be much helpful for bitcoin progress.Japan,then now Russia have started legalizing bitcoins and it would make bitcoin price to increase more.
Russia has solid user based of bitcoin. Only reason I can think of Russian government is for tax purposes. But it still up to the user to collect report and remit the correct tax to the appropriate tax agency. Another is the KYC/AML rule,.Every citizen should comply with it and complying would make the government track your every transaction. I hope regulating it won't make any difference for the citizen not to used bitcoin in Russia, because Russia is a big market for bitcoin enthusiast.
sure,it needs to be regulated.