Russian Court Bans Websites Explaining How to Trade Bitcoin
A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur City Court Blocks Crypto-Related Sites The Kungur City Court in the Russian Perm Krai region has upheld a request filed by the Beryozovsky District Prosecutor’s Office to take down several internet sites detailing various methods of cashing out bitcoin. The prosecutors who discovered the....
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A regional Russian court has overturned a decision today that restricted seven bitcoin websites from public access in January. Russian-language bitcoin news blog BTCsec reported that a city court in Nevyansk had acted improperly by blocking the websites. As a result of the decision, educational and commercial websites including Bitcoin.org, Coinspot.ru and Indacoin.com will now be publicly accessible once again. Representatives of certain affected websites had previously argued that there are no current laws that prohibit the release of information related to bitcoin or digital currency.....
Interest in bitcoin and blockchain technology by business and governments around the world increased in the past months. However, many governments have yet to take an official stance on digital currencies while some have placed restrictions or regulations on the use of Bitcoin. Russia was one of these countries, as it blocked access to websites with information about Bitcoin. The ban was implemented by the City Court Nevyansk on the basis that these sites contained information which was prohibited in the Russian Federation. The ban began on January 13th 2015 and included access to the....
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down Blacklisted Crypto Exchanges A number of websites providing options to exchange, cash out, and transfer cryptocurrency using various payment methods may be blocked by Russia’s telecom regulator, Roskomnadzor, if their operators don’t delete the illegal web pages. The threat for the....
Representatives of Smile Expo and BTCsec.com, two of the many websites that have been blocked by the Russian government in 2014 attended the first session of Sverdlovsk Oblast court, for an attempt to free the websites from restricted access in Russia. In October 2014, Russia’s Ministry of Finance proposed a draft of the “Russian Bitcoin Ban Legislation”, with hopes to ban bitcoin in Russia by 2015. Around the same time, Russian Telecom Regulator Roskomnadzor blocked access to sites dedicated to Cryptocurrency, including bitcoin.org, hasbitcoin.ru, bitcoin.it, btcsec.com, etc. due to a....
Bitcoin websites blacklisted by the Russian government brought their case before a judge today in an attempt to overturn a decision that has restricted domestic access to their domains. Members of bitcoin news website BTCsec.com and exhibition company Smile Expo were reportedly in attendance at the hearing. The Russian government has filed a petition to dismiss a complaint submitted by the websites, two of six that are currently being blocked by the government. Smile Expo argued that its website was used for the dissemination of information about its conferences, not cryptocurrency....