Russia blocks cryptocurrency-related websites

Russia's telecom watchdog Roskomnadzor has blocked 13 websites that specialize in trading crypto-currencies or distributing information about them, RNS was told in the press service of the agency.

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Similar information has been removed from another 11 websites. The agency noted that most of these sites are located in the .com domain zone.

"Restricting access to such Internet resources is carried out based on valid court decisions. Pre-trial blocking of such sites is not provided for by Russian law. At the moment, Roskomnadzor has processed 22 such court decisions. On their basis, 24 websites (or pages of websites) were added to the Unified Register. Of these, with respect to 13 websites (or pages of websites), information was sent to telecom operators to restrict access to them in the territory of the Russian Federation. The prohibited information was deleted from other internet resources, which were then excluded from the Unified Register of Prohibited Information," Roskomnadzor said.

Read alsoCryptocurrency in Ukraine not banned by law – finance ministerEarlier, First Deputy Chairman of the Central Bank of Russia Sergey Shvetsov said that the Central Bank together with the Prosecutor's Office was working to restrict access to foreign websites in Russia, which provide services in the trade of crypto-currencies and derivative financial instruments on their basis.

The Prosecutor General's Office of Russia said that they had recorded an increase in interest in crypto-currencies as a tool for legalizing proceeds from crime.

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