Russia

The Burger King chain of international fast food restaurants in Russia has announced that it is now offering its own cryptocurrency, called Whoppercoin, in honor of the signature sandwich and best-selling burger at Burger King.

Scientists from St. Petersburg, Russia, have created a new Blockchain-based system to protect dairy products from counterfeiting.

On June, 22 as a part of Blockchain & Bitcoin Conference BMCHAIN platform has been announced. The project being developed by “Biznes Molodost” and “Analytics Insight” companies represents the decentralized platform for the biggest network of entrepreneurs in Russia and CIS. BMChain will unite the advantages of blockchain technologies for the development of social media resource allowing to monetize each participant’s activity.

The government of Russia is still discussing the possibility of official acceptance of cryptocurrencies. However, several businesses are already accepting Bitcoin payments and claim that they do it absolutely legally. But how?

The members of the governmental interdepartmental working group assessing the risks of cryptocurrency turnover in Russia have begun to discuss the possibility of introducing amendments to the civil law that will allow ICOs to be held in the Russian Federation.

The largest Russian airline company “Aeroflot” is considering accepting payments for airline tickets in a cryptocurrency, such as Bitcoin.

The governor of Khanty-Mansiysk has proposed using Blockchain technology in projects for the sustainable development of regions near the Arctic Circle.

Because of the growing popularity of digital currencies, chains of fast food restaurant "Burger King" in Russia will start accepting bitcoin in 2017.

While the legal status of cryptocurrency is still unclear, each citizen of Moscow, Russia, will soon have the opportunity to get a free ride in a new Mercedes-Benz automobile.