Bitcoin ATMs Increase in Number in Moscow, Russia

Bitcoin.com | Oct 29, 2022 at 7:30 AM
  • The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week.
  • There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty.
  • Senior associate at the Birch Legal law firm, the current legislation does not cover operations for the exchange of digital currency for fiat money or other cryptocurrencies and these are neither explicitly prohibited nor directly legalized and regulated.