A bitcoin exchange bureau has been opened in the Russian capital. According to local media reports, this is the only exchange office in Moscow that buys and sells cryptos for cash. Lawyers say nothing in the law forbids this type of service, and the business is legal.
The Russian authorities have not yet regulated cryptocurrencies, but the Russians are already adopting them. A new bitcoin change has been opened recently, not far from one of Moscow's main railway stations, Kursky Vokzal. According to media reports, the office is the first of its kind in the Russian capital.
Russia's move to recognize the legitimacy of Bitcoin as a currency seems to be getting closer. Establishing legal status for Bitcoin as a currency not only makes it easier for members of the public to use cryptocurrency in various applications that indicate that bitcoin will actually be adopted by Russia.