It is indeed. However there are some particular rules that you should follow when biking and they are quite strict and may seem strange to a foreigner. For example, I found it strange that you cannot attach your bicycle to anything when leaving it on the streen, the maximum you can do is to put a lock on the wheels and leave it (but someone could just carry it away, right?). There are also a bunch of rules that you should follow on the road. What what difficult for me was that you can't wear headphones while biking. It makes sense, but comparing to rules in France where there are no rules really, bicycles don't even stop at red light (because the rules for car drivers are so strict that they feel that it is their responsibility to ensure that nothing bad happens on the road), it was kind of strange.