Roskomnadzor bitcoin

The Russian Ministry of Finance are reported to have begun discussions to treat cryptocurrencies, including Bitcoin, as a foreign currency. This action follows the Party of Growth proposal —a political party in Russia which represents the. Russian Ministry of Finance to regulate Bitcoin. Ministry representatives said that while cryptocurrency-based business operations are still illegal in Russia, the Ministry of Finance is currently developing a set of regulations to enable purchasing and selling of Bitcoin. The highly anticipated statement of the Ministry of Finance is suspected to spur the growth of Bitcoin in Russia significantly, according to cointelegraph.



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Russia blocks Google, Amazon IP addresses in bid to ban Telegram


It is no secret that the Russian Federation has a huge potential when it comes to cryptocurrencies. However, the situation regarding crypto exchanges is quite difficultt. For example, LocalBitcoins, a major peer-to-peer crypto exchange is no longer available in Russia, without using additional tools like a VPN.

It is worth noting that, LocalBitcoins. The local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information.

People should take into account that, the Onezhsky City Court of the Arkhangelsk region, ruled against the major crypto exchange. As a result, of this decision,o the website was blacklisted on July According to some local reports, users of this exchange began to experience difficulties in accessing the website in late September As mentioned above, the telecom regulator placed the URL on a register of platforms disseminating prohibited information.

It is worth mentioning that, the company risks losing one of its core markets. According to LocalBitcoins executives, Russia was the top trading volume market on the platform in April and May However, the reputation of LocalBitcoins is far from being ideal.

Apart from handling large amounts of crypto operations coming from Russia, there is another issue. Interestingly, LocalBitcoins is not alone, as recently Roskomnadzor blacklisted the website of Binance.

As a reminder, Binance is the largest crypto exchange in the world. Last month more precisely on September 24, the Russian telecom regulator added the website to the register of platforms disseminating prohibited information. Moreover, in August Roskomnadzor also blocked BestChange. People should take into account that, BestChange. Both sides should understand that it is possible to cope with challenges without strict measures. Russia has the potential to develop local companies. Moreover, Russian authorities as well as lawmakers should pay more attention to cryptocurrencies.

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Russia Fails to Ban Telegram, Censor Insists It Is Not Targeting Users

Policies today get applied without much deliberation, just like Soviet times, he explained. He said he and his team would not give up using the app. Reacting to the use of proxies, Roskomnadzor had to expand its blocking efforts, inadvertently affecting IP addresses of various other companies. The law — part of a number of anti-terrorism measures passed by the Russian Duma in the early s — stipulates that entities designated by the state as such have to store user information in Russia for six months and give access to it to law enforcement. Roskomnadzor demanded the company hand in encryption keys, so that security agencies could access user messages.

Roskomnadzor in October threatened both Alphabet's Google and Meta's Facebook with fines based on a percentage of their annual turnover for.

LocalBitcoins Banned in Russia…Again

A public test zone for cryptocurrencies can be created in Kazan. The Central Bank said that they considered the development of mechanisms blocking transactions aimed to buy or sell cryptocurrency with a usual currency a necessary measure. The Central Bank is concerned that the use of cryptocurrencies to pay for goods and services creates a risk that the ruble will lose its sovereignty. After that, the Russian Finance Ministry developed a concept to regulate the cryptocurrency market. According to him, this will lead to an outflow of IT specialists and the destruction of some sectors of the high-tech economy. Russian President Vladimir Putin also commented on this issue on 27 January. He claimed that he had heard of discussions about the regulation of cryptocurrencies and then asked the Central Bank and government to come to an agreement and report on the results. As for the cryptocurrencies, the Central Bank has its own opinion. Realnoe Vremya is an online newspaper, providing business news and sectoral analytics, up-to-date information about the development of economy and technology in Tatarstan, Russia and the whole world. Photo: realnoevremya.


Russia’s Roskomnadzor Watchdog Blocks 6 VPN Providers – Regulation Bitcoin News

roskomnadzor bitcoin

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Russian Ministry of Finance to regulate Bitcoin

Russia has blocked five websites tied to the "bitcoin" digital currency in an effort to fight the growth of the "shadow economy," according to a state media watchdog. The list of blocked sites published on Roskomnadzor's social media page this week includes Bitcoin. A number of other bitcoin sites continue to operate in Russia, including bitcoin trading website BTC-E. The banned sites provide either information or trading platforms for the digital currency, which operates independently of any state authority and has sparked fears among many governments that its anonymous, decentralized nature could be exploited by money launderers. The little known court responsible for the decision to block the bitcoin websites, the Nevyansky court in Russia's Sverdlovsk region, said the sites violate a Russian law from naming the ruble as the nation's official currency.


An ‘internet civil war’ has erupted in Russia

Russia is one of the world's most important Bitcoin markets, but its government seems willing to block blockchain transactions. Roskomnadzor, Russia's telecommunications services regulator, has blocked access to LocalBitcoins' portal in the country, which is a major source of traffic to the peer-to-peer exchange. When trying to access localbitcoins. To access the portal, Russian users must use a VPN that masks their actual location. So far, Russian traders seem to have remained quite active on LocalBitcoins, and customer ads on the site have not stopped. This could indicate that traders were already prepared for—or used to—this type of censorship. Which they should have been. LocalBitcoins was previously blocked by Roskomnadzor four years ago.

The Russian government has blocked access to peer-to-peer BTC trading Roskomnadzor has a history with LocalBitcoins, having first.

The decision refers to a court ruling from 30 September—taken in the very remote city of Nevyansk in the Sverdlovsk region—which stated that using virtual money "contributes to the growth of the shadow economy and cannot be used by citizens and legal bodies on the territory of the Russian Federation. Chepkasov told me: "No one was invited to the trial, and they didn't know anything until the decision came into effect. Between the court ruling and its implementation, there was a few months' lapse.


Bestchange was blocked by Roskomnadzor for Russian users on March 11 in accordance with the decision of the Kuybyshevsky District Court of Omsk dated July 24, The popular portal for searching exchange services, including cryptocurrency exchange. The specified cryptocurrency is not provided with real value, does not contain information about its holders all its use is anonymous. The plaintiff in the person of the prosecutor of the city of Omsk made a statement, asking to recognize the information posted on these sites, illegal for distribution in the territory of the Russian Federation, which the court decided to satisfy.

Russia is also renowned for its many skilled IT professionals.

Scrooge McDuck, lover of coins, would never have let this happen. Image edited by Kevin Rothrock. Picture a book that has pages added to it almost every day, though the plot never seems to change. You might as well be reading the story of Russian censorship, which got another update today, when the Kremlin's media watchdog, Roskomnadzor, threatened to block another news website. If the website refuses, Roskomnadzor will block it. Roskomnadzor actually resisted enforcing the court order at first, appealing to the court for clarification, arguing that the article in question was merely informational.

Sorry, javascript is required to run this website, please enable it. Russian media watchdog Roskomnadzor has blocked the popular Russian currency exchange monitoring website bestchange. The free website assists users in finding the best rates for exchanging currencies and was launched in It was issued its third notice on August 26,


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  1. Grotilar

    Post removed

  2. Desta

    And why is it so exclusively? I think why not open this topic.

  3. Akiktilar

    I have to admit, the webmaster did a good job.

  4. Icnoyotl

    This is because too often :)