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Russia Blocks Cryptocurrency Websites Ahead of Regulation

Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) has blocked famous Russian digital currency trade checking site Bestchange.ru for the third time. The stage educated its clients by means of Facebook on Wednesday:

“Dear subscribers, our Bestchange.ru domain has again been blocked in the Russian Federation. Unfortunately, regional prosecutors continue to sue to block Bestchange and other sites for mentioning the bitcoin cryptocurrency.”

Bestchange.ru further clarified that it had been researching how to unblock its area however testing may take some time. The free site assists clients with finding the best offers web based, including the best rates for digital currencies, electronic cash, and web banking. The administration, propelled in 2007, isn’t confined to simply cryptographic money.

As indicated by bits.media, this is the third time Roskomnadzor has blocked Bestchange.ru. The first run through was in 2017, which was dropped in 2018. The subsequent time was in March a year ago when the Kuibyshevsky District Court of Omsk gave a request to square Bestchange.ru alongside other digital money trade sites. It was dropped in May of the very year. “According to a court ruling, information about bitcoin was considered prohibited, as it contradicted federal laws of the Russian Federation,” the publication noted.

crypto websites banned in russia

The third time began when the Kotlas city court requested the obstructing of seven cryptographic money sites in January. Roskomnadzor supposedly gotten the court choice on June 23 and quickly conveyed sees about the blocking.

The distribution gave an account of June 24 that the proprietors of the locales bitok.shop, lavka-flowers.ru, cryptorussia.ru, prostocoin.com, cryptowikipedia.ru, bestchange.ru and coinpost.ru got notices that they “disseminate data disallowed in the Russian Federation” and will be remembered for Roskomnadzor’s library of blocked sites. Furthermore, news.Bitcoin.com recently announced that six crypto sites and two news locales were obstructed by the Russian media guard dog.

Bestchange.ru didn’t close down, nonetheless, as the administration chose to advance the court choice. The court is required to pass the case to a higher court on Aug. 27. In any case, Roskomnadzor conveyed another notification on Aug. 26 about the obstructing of the site.

As per the media source, Roskomnadzor’s activity isn’t identified with the crypto guideline as of late marked into law by President Vladimir Putin, which will go into enforcement on Jan. 1 one year from now. The new law gives legitimate status to digital money yet denies its utilization for installments of merchandise and enterprises.

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