Russian Federal Watchdog Censors Binance for Distributing ...

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Authorities in Russia appear to be going after Binance — the world’s largest cryptocurrency exchange — as its domain is now in the list of prohibited websites in the country. On Sept. 24, Binance officially announced on its Russian Telegram channel that Russian telecom regulator Roskomnadzor has added the website to the register of platforms disseminating prohibited information ... In an announcement on its Russian Telegram channel, Binance said it was included on the list of prohibited domains because its website includes information about the purchase and sale of crypto assets like bitcoin ().. According to Roskomnadzor, Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media, distribution of such data is restricted in the ... The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Telegram channel, Binance said it was included on the list of prohibited domains because its website includes information about the purchase and sale of crypto assets like bitcoin ( BTC ). After getting blacklisted by the Russian Telecom Regulators the Binance platform said the crypto exchange website is still available but without additional access tools and the firm also confirms that the previous crypto funds are secure.. Authorities in Russia seem to be following the largest cryptocurrency exchange because its domain is now listed as one of the country’s illegal websites. Binance made this announcement through its Russian Telegram channel noting that the information that got it into hot soup was about the possibility of obtaining electronic cryptocurrency (Bitcoin). Crypto restrictions in Russia. According to Roskomnadzor, the distribution of crypto-related data is prohibited in the nation. Reportedly, the telecom watchdog blacklisted Binance because of disseminating data related to the purchase of cryptocurrencies such as bitcoin (BTC). In the announcement , Gleb Kostarev, Binance’s head of operations in Russia and the CIS noted that the exchange unveiled this news immediately after receiving a notification from Roskomnadzor.

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