Russia Has No Plans to Tax Cryptocurrencies

Russian parliament plans to review a bill that legalizes cryptocurrencies this September. According to Elina Sidorenko, the head of the parliament’s working group of cryptocurrencies, the bill, however, does not include provisions as to tax regulation of virtual money.

Burger King to Accept Bitcoins in Russia by the End of 2017

Russian division of popular fast food franchise Burger King has announced it is developing software to accept bitcoins. The cryptocurrency option is expected to be rolled out by the end of 2017. “The company plans to announce the winner of the tender for development of software that would enable us.