Russian ISPs Start Restricting Access To LocalBitcoins
The decision to block LocalBitcoins was made on July 5th of 2016, albeit it did not go into effect until recently. The story of Bitcoin in Russia has taken yet another exciting turn. While the news is far from positive, there are so many conflicting reports in the country it is generating a lot of interest. While WebMoney will accept Bitcoin payments soon, using LocalBitcoins is now prohibited. One just never knows what will be next for Russian Bitcoin enthusiasts. Similarly to what happened to various Bitcoin news sites in Russia, LocalBitcoins is now inaccessible by Internet users. The....
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Russia’s Administration for Telecom and Internet Roskomnadzor has blocked peer-to-peer local Bitcoin exchange LocalBitcoins. They have blacklisted the domain, and it is now inaccessible by Russian ISPs. However, Nikolaus Kangas, CEO of LocalBitcoins, thinks that this ban is only temporary and stays optimistic about the future of his company in Russia and Bitcoin in general. At the end of August, about 1.35 million users from 249 countries were registered at LocalBitcoins, where the weekly volume of transactions on the platform exceeded $14 million. It is possible to work around the block.....
It seems LocalBitcoins has become the new hot (and illegal) business in Russia. Just last week, the company saw record transactions when over 250 million rubles were exchanged for everybody’s favorite digital currency, equaling nearly $4 million in USD. Despite Russian regulators restricting access to the site back in September, the company is not only doing business, it appears to be thriving. Russia has certainly had an up-and-down relationship with digital currency over the last four years. From enforcing penalties upon those using it to saying it’s “not so bad,” Russia just can’t seem....
The Roskomnador, Russia’s federal administrator of telecommunications and the internet has blocked access to prominent peer-to-peer bitcoin exchange platform LocalBitcoins. In a move that won’t come as a surprise to the cryptocurrency community, Russia’s telecom regulator has blocked access to popular over-the-counter and P2P bitcoin exchange platform LocalBitcoins. Roskomnadzor (Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications) has effectively blacklisted LocalBitcoins’ domain, rendering it inaccessible via Russian ISPs. A quick....
European bitcoin exchange operator BTC-e has revealed that users in the Russian Federation won’t get access to its website following a ban imposed by a Russian regulator today. In what may be sign of things to come prior to the review of a draft bill that seeks a Bitcoin ban by the Russian legislature , the official twitter account of European bitcoin and alt coins exchange BTC-e has revealed that it won’t be accessible by Russian users. The tweet mentions a lock by Roskomnadzor, the Russian telecom regulator which effectively puts the domain btc-e.com in a blacklist that will not be....
LocalBitcoins has offered a detailed set of instructions for the Russian Bitcoin community to efficiently circumvent the blockade of its platform in the country... The country’s supervisory body for telecommunication, internet and mass media, Roskomnadzor has recently issued an order banning access to LocalBitcoins in Russia. The government body’s move came as a surprise to both LocalBitcoins and the country’s Bitcoin community, mainly due to the timing of the ban. The order to block access to the Bitcoin platform follows a recent statement by the country’s deputy finance minister, Alexei....