Russia’s communication watchdog Rosomnadzor has blocked the country’s largest crypto aggregator platform.
Russian telecoms Watchdog Rosomnadzor has blocked access to Bestaches, one of the largest crypto over-the-counters aggregators in Eastern Europe and Russia. As the press time, the regulator has not given the reason, although the website is on the list of blocked platforms.
A BESTCHANGE spokesperson said the stage lawyers “already worked on unabbelling [access to] The website, “although he did not disclose the reason behind the ban. Established in 2007, Bestaches Crypto is one of the oldest and largest aggregators of OTC platforms.
It was earlier blocked – earlier in 2017 when a St. Petersburg court banned it, claiming that Bitcoin (BTC) was a monetary surrogate and the irreversible transactions of the blockchain made enforcement difficult. The ban was lifted in 2018, but in 2019, Rosomnadzor re -blocked it, only a few months later to lift the ban.
Now, Russia’s bitcoin mining and crypto advertisements are banned about six months after introducing a new law. The law blocks advertisements for digital assets and anything that helps to move crypto, including services that allow users to move it using Russian infrastructure.
After the introduction of law, Russia’s biggest search engine, Yandex updated its advertising policy quickly, Crypto exchanges, smart contracts, mining, initial coin prasad and wallet services for money laundering services Ban.
