Russia Blocks Finnish Bitcoin Exchange, Reasons Not Explained
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.....
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