Binance exchange is blocked on the territory of the Russian Federation

The largest cryptocurrency exchange Binance 24 September received a notification from Roskomnadzor on blocking the site in Russia by court decision from the Arkhangelsk region.

Yesterday Roskomnadzor sent Binance a notification about making a website HTTPS://www.binance.com in the register of domain names, containing information prohibited in Russia. The basis for entering the register was “Information on the possibility of acquiring an electronic cryptocurrency (Bitcoin)».

The basis for blocking the site was
The decision of the Mirnian City Court of the Arkhangelsk Region, Meded by the judge M.M. 2 june 2020 year at the suit of the prosecutor but g. Peaceful. Together with Binance, a cryptocurrency exchange platform Matbea.com will be blocked. The text of the court ruling is once again almost completely copied from previous such decisions.

IN
the register of Roskomnadzor about blocking the entire domain or specific pages is not yet, And the site remains affordable.

The exchange claims, that previously did not receive any notifications from Russian state departments, including judicial authorities, on the presence of claims or court decisions against her. Binance turned to lawyers for consultations. For its part, the exchange is not going to introduce any restrictions for users from Russia, their trading accounts remain active and funds for them available to all operations.

The head of the Binance operating department in Russia and the CIS countries Gleb Kostarev commented on the news of the blocking: 

“Binance values ​​its reputation in the Russian market, And we will dispute this decision in court. Besides, We consider the opportunity to use alternative technological solutions. We will inform our Russian community about all our steps. ”

Statistics say, that prosecutors and courts of the Arkhangelsk region do not like cryptocurrencies the most, But the reasons for this "judicial antipathy" can only guess. At first 2020 year this is the fourth blocking of cryptocurrency resources and the third – in the Arkhangelsk region. In March, the Nyandom District Court blocked five sites about cryptocurrencies, And in July, the court of the city of Kotlas – Another seven. As part of this case, a month ago, At the end of August, The largest monitoring of exchangers was blocked for the third time in Russia – Bestchange.ru. The administration of the resource, As before, I decided to fight illegal locking. Outside the Arkhangelsk region in April, the blocking decision was made only once, In Anapa - against the Coinspot information site and the English -language forum Bitcoin.com.

However, c 2021 year, opponents of cryptocurrencies will receive a new tool at their disposal – The Law on the Tsf. It prohibits the use of digital currencies in Russia as a payment fund and the dissemination of information about this. Although the receipt of payments in cryptocurrencies in Russia does not actually exist, and sites, offering such payments, It is also extremely small, The "expanded" interpretation of the law can be used against any sites on this topic.

Moreover, the Law on the TsFA may turn out to be less evil for the owners of crypto acts in Russia. The Ministry of Finance of the Russian Federation proposes to introduce even more stringent restrictions, including the mandatory declaration of operations with crypto actures for the amount from above 100 thousand rubles. First of all, these requirements will affect exchangers and other companies, using cryptocurrencies in commercial activities.