Russian Court Blocks Websites Explaining Trading Crypto

A Russian court has block a number of websites describing how to exchange cryptocurrency for fiat cash.

The Kungur City Court found to shut down several websites describing various methods of cashing out bitcoin. The prosecutors insist that such content violates Russian legislation on combating the legalization of crime proceeds.

“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 revealed. 

The number of websites affected by the court order and their domain names were not disclosed, but Forklog quoted the prosecutor’s office saying that five such requests have been submitted since the beginning of the year. However, according to the publication, one of the claims concerns a YouTube video describing ways of exchanging bitcoin for Russian rubles.

The banned websites will join a growing number of crypto-related outlets that Russian authorities have taken down in the past few years.