Cryptocurrency News

Russian Court Bans Websites Explaining to Trade Bitcoin – Regulation Bitcoin News

A court in Russia’s Perm region has decided to block several websites explaining how to exchange cryptocurrency for fiat cash. Local prosecutors claim that dissemination of this type of information is against the law in Russia because it could help to launder money.

Kungur City Court Blocks Crypto-Related Sites

The Kungur City Court in the Russian Perm Krai region has upheld a request by the Beryozovsky District Prosecutor’s Office to remove several Internet sites detailing different ways to cash bitcoins. Prosecutors exploring the cryptocurrency platform insist that the publication of such material violates Russian law dealing with the legalization of proceeds of crime.

“It was established that information on methods of cashing the bitcoin cryptocurrency was freely available for viewing and access to certain Internet resources,” a Press release Explained, worth noting further:

Taking into account that the law considers the exchange of virtual currencies as a possible participation in suspicious transactions, the prosecutor sent an administrative statement of claim to the court, seeking to restrict access to this information.

The number of websites affected as well as their domain names were not disclosed, but Forklog Cited The prosecutor’s office said five such requests have been submitted since the beginning of the year. One of the claims, according to the publication, pertains to a YouTube video describing methods of exchanging bitcoin for Russian ruble.

Russia crackdown on bitcoin websites continues

The Perm Prosecutor’s Office said that access to the websites would be restricted, subject to the latest decision of the Kungur City Court, as the ruling came into force. The banned sites will join the growing number of crypto-related outlets that have been taken down by Russian authorities over the years.

Last August, Russian media watchdog Roskomnadzor Blocked, a crypto exchange monitoring website, the third time the platform went offline as News Reported. The popular site helps Russian-speaking users find the best crypto-fiat exchange rates available. Attempts to blacklist Roskomnadzor’s aggregator began back in 2017.

Russian Court Bans Websites Interpreting to Trade Bitcoin

In March 2020, the agency couple Five crypto websites in its register of restricted internet sources. Platforms were offering a variety of services, from crypto exchanges to mobile top-ups with bitcoin, and one of them was information portals. Forum section of crypto news outlets was also targeted.

Crypto website operators have successfully challenged some of these censorship measures in Russian courts in the past. In March 2018, St. Petersburg City Court hit down Ban on 40 websites that publish information and offer services related to cryptocurrencies. In April of the same year, the Supreme Court of the Russian Federation Overturned The decision to block the portal. In May 2019, after prosecutors, Roskomnadzor was forced to remove from its blacklist left try to block website

What do you think about Russia’s efforts to block crypto-related websites? Share your thoughts on this topic in the comment section below.

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