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.
LOL. Please wake up guys. Russia will not recognized crypto, not even Vitalik's Ethereum. Just look at articles last week, specially around the March timeline, they have released so much news about crypto that everyone jump on the bandwagon that they will accept crypto, but up to know what happened? NADA. So I suggest that you should forgot about Russia, just like we forgot about China. And if ever you positive news about them, the next day you will find someone making a complete contradictory statements, that's been the case and will be in the next couple of years.