Russian Court Bans Websites Explaining How to Trade Bitcoin

Russian Court Bans Websites Explaining How to Trade Bitcoin

A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds.

Kungur City Court Blocks Crypto-Related Sites

The Kungur City Court in the Russian Perm Krai region has upheld a request filed by the Beryozovsky District Prosecutor’s Office to take down several internet sites detailing various methods of cashing out bitcoin. The prosecutors who discovered the crypto platforms insist the publishing of such content violates Russian legislation on combating the legalization of crime proceeds.

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“It was established that information on methods of cashing out the Bitcoin cryptocurrency was freely available for viewing and using on certain Internet resources,” a press release explained, further noting:

Taking into account that the legislation considers the exchange of virtual currencies as a potential involvement in dubious

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