Valenok Becomes First Restaurant in Moscow to Accept Bitcoin
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Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

THELOGICALINDIAN - A ample dining enactment in the centermost of Moscow reportedly became the aboriginal restaurant to acquire bitcoin payments in Russias basic burghal on Tuesday according to bounded media outlets Valenok is allotment of the Novikov Group which owns over 50 restaurants and franchises Now the aggregation is because installing bitcoin ATMs as well

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First Restaurant to Accept Bitcoin in Moscow

Felt Boot Restaurant Valenok Becomes the Aboriginal in Moscow to Acquire BitcoinOn Tuesday, several Russian account outlets reported that Valenok has become the aboriginal restaurant in Moscow to acquire bitcoin.

Named afterwards the acceptable Russian blazon of footwear, Valenok is adumbrated by the world’s better handmade acquainted boot, its website details. “A attribute of the restaurant is a behemothic six-meter acquainted cossack (Valenok).” The Russian cuisine restaurant is amid on the Tsvetnoy Boulevard in the centermost of Moscow. The ample enactment occupies 2 floors, seats 340 people, and an boilerplate capital advance there costs about $10.

Valenok is allotment of the Novikov Group which owns over 50 beanery projects, including restaurants and several franchises, amid in Russia, London, and Dubai.

Mikhail Petuhov, managing accomplice at Novikov Group, told BFM.ru that his barter are young, avant-garde and sophisticated. He declared the time he was asked by a acquaintance why his restaurant did not acquire bitcoin so he absitively to try it out. Two affairs were made, which was exciting, the advertisement appear him saying. “In the restaurant business, I had not heard of such examples. So, there is no one to ask, unfortunately,” he added.

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept BitcoinPetuhov explained how bitcoin payments assignment at his restaurant: “The agent generates a QR-code that contains the bulk to be paid and the seller’s wallet address. The client scans this cipher application his Bitcoin smartphone app and makes the transaction.”

Citing that the restaurant will carefully adviser the appeal for bitcoin services, he added that the accumulation is additionally because installing bitcoin ATMs “to abetment the audience adulatory to accomplish payments application the cryptocurrency,” RT reported. Petuhov told Russia’s all-embracing account bureau RIA Novosti:

Soon afterwards Valenok’s news, Burger King Russia independently announced its plan to acquire the agenda bill this year, with the achievability of rolling out the advantage to added restaurants. The fast aliment alternation has amorphous attractive for a software developer to acquiesce users to pay with bitcoin application both Android and iOS applications.

Novikov Group’s Restaurants and Projects

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept BitcoinThe Novikov Group, founded by administrator restaurateur, Arkady Anatolievich Novikov, owns added than 50 acknowledged conceptual restaurant projects in Russian cities of Moscow, St. Petersburg, Sochi, and Kislovodsk as able-bodied as in London and Dubai, its website details.

The projects that the accumulation is complex in accommodate several franchises with assorted locations as well. For example, Krispy Kreme is counted as one activity but the aggregation owns over 20 locations. In September 2024, the accumulation partnered with Krispy Kreme Doughnut Corporation to body 40 Krispy Kreme food in Moscow.

In addition, the accumulation additionally runs added types of projects such as Novikov TV, a arrangement of annual studios, a bloom aliment company, a greenhouse farm, a alms foundation, a kids club, and a accouterment business.

Bitcoin in Russia

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept BitcoinDigital currencies including bitcoin are still not accustomed by the axial coffer of Russia, and the acknowledged cachet of bitcoin has not yet been clarified. However, State Duma board affiliate Vadim Dengin told RIA Novosti on Wednesday that abstract laws apropos agenda currencies could arise soon.

“We will authority roundtable discussions and aldermanic hearings on agenda currencies, decidedly bitcoin,” he said, abacus that there is no charge to approve agenda currencies appropriate now.

Meanwhile, the arch of the Accompaniment Duma Committee on Economic Policy, Sergei Zhigarev, separately told the advertisement that the restaurant’s case “demonstrates that activity now includes agenda currency, and that it has to be taken into account, including in the accompaniment calculation.” He again added (loosely translated):

Do you anticipate the blow of Novikov Group restaurants will alpha accepting bitcoin soon? Let us apperceive in the comments area below.

Images address of Shutterstock, interior.ru-best.com, and Novikov Group

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