Russia Blocks Several Bitcoin Websites

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January 16th, 2015
Back Russia Blocks Several Bitcoin Websites

Russia's Internet overseer Roskomnadzor has taken steps to ISP blacklist several Bitcoin websites.

Russian federal law justifies the action under Article 27, which states that rouble is Russia's sole legal currency and other monetary substitutions, including cyber-currencies, are not allowed.

It appears to be the first steps in banning all bitcoin friendly online gambling websites from accessing the market. It is reported that the Russian Government would fine users that are discovered to be: "mining, or issuing Bitcoin or other digital currencies.” The span of fines would go from 30,000 and 50,000 rubles for individual users, all the way to 1,000,000 rubles for business.

So far the list of blocked websites include:

  • bitcoin.org,
  • indacoin.com,
  • coinspot.ru,
  • hasbitcoin.ru,
  • bitcoinconf.ru,
  • bitcoin.it,
  • btcsec.com.

Are there any other Bitcoin site to be blocked is yet to be seen.

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