Authorities in Russia seem like going after Binance — the world’s largest cryptocurrency alternate — as its area is now within the listing of prohibited web sites within the nation. On Sept. 24, Binance formally announced on its Russian Telegram channel that Russian telecom regulator Roskomnadzor has added the web site to the register of platforms disseminating prohibited data.

In response to the announcement, Binance has been positioned within the listing resulting from distribution of knowledge associated to the acquisition of digital currencies like Bitcoin (BTC). Gleb Kostarev, Binance’s head of operations for Russia and the CIS, informed Cointelegraph that the alternate introduced the information instantly after the alternate obtained a notification from Roskomnadzor.

Regardless of the area being positioned on the listing of prohibited web sites, Russians can nonetheless entry it with none further instruments like a VPN. As of press time, the URL may be discovered on the official register of blacklisted websites of Roskomnadzor. In response to the info, the web site was listed on June 2, 2020, whereas the entry to the web site “is just not restricted.”

Within the public announcement, Binance executives emphasised that they haven’t obtained any details about the restriction previous to Sept. 24, stating:

“We weren’t beforehand notified of any claims by regulation enforcement businesses, civil authorities companies or courts previous to receiving the above notification. We’ve got now engaged our authorized counsels for additional recommendation and wish to guarantee all of our Russian customers that there will probably be no disruption to their companies within the interim and that their funds are secure.”

As Binance’s web site was purportedly blacklisted by Roskomnadzor in June 2020, the motion seems to be unrelated to Binance’s plans to launch its crypto debit card in Russia for the reason that plans for it have been introduced barely later, in September 2020.

In late August, Roskomnadzor additionally blocked BestChange.ru, a significant cryptocurrency web site in Russia that gives an aggregator service of about 400 native crypto alternate web sites.