Sunday, November 29, 2020
Home XRP - Top 10 Russian federal authority blacklists Binance’s website

Russian federal authority blacklists Binance’s website

Roskomnadzor, the Russian federal authority responsible for the supervision of communications, information technology, and mass media in the country, has blacklisted Binance’s website.

Binance announced the news in its official Russian Telegram channel on Friday, saying that the exchange received a notification from Roskomnadzor on Thursday about the inclusion of Binance’s website, www.binance.com, in the regulator’s register for “containing information prohibited for distribution in Russia.”

Gleb Kostarev, director of Binance Russia, told The Block that the register is a list of “notable websites that have been blocked or censored in Russia, including current and past blocks.”

Binance said it has been placed in the register due to data distribution related to cryptocurrencies such as bitcoin.

The Roskomnadzor register shows that Binance’s website entered the list on June 2, while the “access is not limited,” meaning the website can still be accessed in the country.

Kostarev told The Block that the website can still be accessed “for now.” The Block could not independently check via a VPN whether Binance’s website is accessible. 

Binance said it has engaged with legal counsels for further advice. In the meanwhile, it continues to provide services to Russian users “in full and clients’ funds are safe.” As for the June inclusion, the exchange said it had not received any notifications from law enforcement agencies before Thursday.

Binance offers trading in six coinsBTC, ETH, XRP, BNB, BUSD, and USDT — via Russian ruble deposits.


This story has been updated to include comments from Gleb Kostarev, director of Binance Russia.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source link

Popular Articles

Following Binance Uganda closure, Binance P2P makes strong inroads in Africa

Following the announcement of a disappointing closure of a Ugandan subsidiary in October, Binance — the world’s largest cryptocurrency exchange — released a blog...

CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market

End of Western Union Remittance Service to Cuba a Boon for Crypto As new U.S. government measures that impose restrictions on remittances to Cuba becomes...

High priced $32K Bitcoin options show some pro traders expect more upside

A month ago, one would be hard pressed to find any investor who would have expected a $32,000 Bitcoin (BTC) price for January. At...

Nouriel “Dr. Doom” Roubini lambasts Bitcoin in 12-part Twitter thread: “it is worth $0”

A few weeks ago, some thought that Nouriel “Dr. Doom” Roubini was changing his tone on Bitcoin.After the 2008 Recession predictor lambasted the cryptocurrency...

Ethereum Likely Set Its Local Low for the Year as Buyers Defend $500

Ethereum has been flashing signs of immense strength today, with the cryptocurrency surging up towards $550 as bulls try to erase the recent losses...

Could Libra Be Available Within the Next Two Months?

Facebook’s new cryptocurrency and digital payment system, Libra, could be ready for release early as January of next year. Libra Is Potentially Ready for a...