Russia Reportedly Blocks Bitcoin.org and Bitsec.com

by Leon Pick
    Russia Reportedly Blocks Bitcoin.org and Bitsec.com
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    Russia's Communications Ministry has reportedly blocked access to two websites: bitcoin.org and bitsec.com.

    Bitcoin .org is a community website sponsored by the Bitcoin Foundation. It serves to educate the population on Bitcoin and provide online resources to its community.

    Bitsec.com is the website of a Sweden-based IT consultancy which despite its name, apparently has nothing to do with Bitcoin.

    The bans reportedly came into effect on September 30, but only appeared on the official banned list recently.

    The state of Bitcoin in the country continues to hang in limbo. Its Finance Ministry has drafted a bill to ban all use of cryptocurrency. The bill was subsequently criticized by the Ministry of Economic Development because of its potential ramifications for non-cryptocurrency related businesses.

    The notion of a Bitcoin ban in the country started last year, but official policy has changed more than once since then. Any ban of alternative currencies may be interpreted as a protective measure over its ruble, one of the worst performing currencies last year.

    Russia's Communications Ministry has reportedly blocked access to two websites: bitcoin.org and bitsec.com.

    Bitcoin .org is a community website sponsored by the Bitcoin Foundation. It serves to educate the population on Bitcoin and provide online resources to its community.

    Bitsec.com is the website of a Sweden-based IT consultancy which despite its name, apparently has nothing to do with Bitcoin.

    The bans reportedly came into effect on September 30, but only appeared on the official banned list recently.

    The state of Bitcoin in the country continues to hang in limbo. Its Finance Ministry has drafted a bill to ban all use of cryptocurrency. The bill was subsequently criticized by the Ministry of Economic Development because of its potential ramifications for non-cryptocurrency related businesses.

    The notion of a Bitcoin ban in the country started last year, but official policy has changed more than once since then. Any ban of alternative currencies may be interpreted as a protective measure over its ruble, one of the worst performing currencies last year.

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