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Russian Bitcoin Website Ban Repealed

Stack of Bitcoin coins on Russian flag

It has been two years since Russian website Bitcoininfo.ru was banned by a district court due to it providing information on Bitcoin. The ban concluded that information on “a mean of virtual payment and accumulation” violated Russian legislation. It went on to mention that cryptocurrencies “do not lend themselves to state control” and “promote the growth of the shadow economy.”

At the time the defendants weren’t notified of the ban nor invited to the trial and only found out about the ban once access to the site was terminated, by which point the period for appeal had ended.

Earlier in April this year, it was reported that the Supreme Court in St Petersburg finally ordered the Vyborgsky District Court to review an appeal against the ban. As a result of the order, the case was brought before a city court in St Petersburg, which yesterday reviewed the appeal and reversed the decision to ban the site.

Local news outlet TASS reports:

The St. Petersburg City Court quashed the decision of the district court to recognize the information posted on the Bitcoininfo.ru website, banned for review,”

 

Sarkis Darbinyan, a representative of the website’s owner, reported that 100 sites related to cryptocurrencies had been blocked, according to the prosecutor’s office of St Petersburg. He went on to state that websites are blocked without the involvement of site owners and no requests or opportunities for appeal are offered.

The ruling comes at a time when Russia is currently drawing up legislation for regulating cryptocurrency markets, on orders from President Vladimir Putin.

Image From Shutterstock

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