in , ,

Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late

russian-web-censor-tells-binance-it’s-been-blacklisted-–-three-months-late

Internet censorship / Image via Getty Images

Russian internet censorship agency Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

  • Binance Russia director Gleb Kostarev notified followers on Facebook Friday that Roskomnadzor had added the exchange’s domain to its list of prohibited websites.
  • The reason, according to Kostarev, was that Binance had been caught publishing information about how to buy and sell bitcoin, which is apparently an offense in Russia.
  • “Not sure if we should laugh or cry,” he said.
  • While cryptocurrencies are officially recognized as taxable property in Russia, the Ministry of Finance has recently made moves to put crypto trading under harsh supervision.
  • Russian news agency RBK said a court had already approved Roskomnadzor’s motion to block Binance on June 2.
  • “Issuance and usage of bitcoins are fully decentralized, and there is no way to regulate it by the government, which contradicts the current Russian law,” the court decision reads.
  • In a Kafkaesque twist, Kostarev told CoinDesk that Binance wasn’t notified about the court’s decision or even aware of its existence until today.
  • Roskomnadzor also banned access to a bitcoin wallet, Metbea.
  • Kostarev said that Binance is looking into contesting the prohibition.

https://www.coindesk.com/russian-web-censor-tells-binance-its-been-blacklisted-three-months-late

Leave a Reply

Your email address will not be published. Required fields are marked *

china-state-media-make-rare-reports-calling-crypto-2020’s-best-performing-asset

China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset

occ’s-first-issued-guidance-for-stablecoins-brings-more-questions

OCC’s First Issued Guidance for Stablecoins Brings More Questions