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Uznay Vse continues. According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout. One of the Burger King branches in Netherlands was also added to the list of businesses that accept Bitcoin payments in 2016. Russia is becoming an increasingly pro-crypto environment this year, with Finance Ministry deputy Alexey Moiseev saying this week that such currencies may be legally traded on exchanges if subject to appropriate regulations. One of the representatives of the company also noted that customers of Burger King in Russia often ask about the possibility of paying with Ethereum. Dmitry Medvedev, General Director of Burger King Russia, said that the company will announce the winner of a tender for the development of the software that should allow restaurants to accept bitcoin as a payment for fast food by August. The company that gets the tender will have to develop software for payment via Bitcoin through Burger King's website, iOS and Android mobile apps, as well as cash registers. Burger King has also begun the hunt for an IT professional able to implement the relevant software. The legal status of cryptocurrencies and taxes are yet not defined in the Russian Federation. Currently, Burger King plans to focus on these two cryptocurrencies. Uznay Vse states the unnamed branch accepted a Bitcoin transaction on Tuesday this week, which represents the first official reports of Bitcoin payments for goods and services in Russia.
King to Accept, bitcoin in Russia This
Russian Burger King Looks to Integrate Bitcoin for Food and Drink Purchases.
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Dmitry Medvedev noted that the main difficulty that the company will face is tax issues. Because of the growing popularity of digital currencies, chains of fast food restaurant "Burger King" in Russia will start accepting bitcoin in 2017. Russian, burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday. Payment with cryptocurrency is in the near future. However, he added that payments with cryptocurrency will be available soon.