Burger King in Russia to Accept Bitcoin As Payment for its Fast Food

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 10. 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.

Dmitry Medvedev noted that the main difficulty that the company will face is tax issues. The legal status of cryptocurrencies and taxes are yet not defined in the Russian Federation.

However, he added that payments with cryptocurrency will be available soon. He said:

“Burger King is actively monitoring new trends, so [we] decided to start this project. Payment with cryptocurrency is in the near future”

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. Currently, Burger King plans to focus on these two cryptocurrencies.

One of the Burger King branches in Netherlands was also added to the list of businesses that accept Bitcoin payments in 2016.