Digital Currency Exchange BTC-e Under Investigation in Russia
Bulgaria-based digital currency exchange BTC-e is reportedly under the microscope of Russian officials, according to a news report published here. The report indicates that the prosecutor's office in Volgograd is involved, and is actively looking for any violations of the law BTC-e may have been involved in. The possibility of the service being taken down, however, is slim. Perhaps the worst that could happen here is that access to the exchange would be blocked from Russia - but it's simply too soon to tell. At this juncture, we don't have too much else in terms of information (due to the....
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Russian rubles from 1995. Photo via LostBob Photos. It seems that Russia's ban on the usage of Bitcoin is working. As early as this time last month, Russia was actually in the top 3 when it came to ranking Bitcoin client download totals by country. It seemed that Russians were extremely interested in the digital currency, until certain members of the Russian government started to talk about Bitcoin in a negative manner. Russia is now in seventh place when it comes to Bitcoin downloads per week, which is a rather low spot for one of the largest countries in the world. China and the United....