Bitcoin Forum

Bitcoin => Press => Topic started by: komar on January 27, 2014, 07:03:19 PM



Title: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: komar on January 27, 2014, 07:03:19 PM
A popular russian exchange metabank.ru (https://metabank.ru/) closed after russian central bank’s press-release "about virtual currency" (http://www.cbr.ru/press/PR.aspx?file=27012014_1825052.htm).

"Money surrogates issue are forbidden in Russian Federation", press-release says. Russian central bank also warns about "potential involving in terrorism financing".

BTC-E reaction:
http://dump.bitcheese.net/images/ikofebe/btc-e-reaction.png


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: btbrae on January 27, 2014, 07:08:09 PM
This is the real news right now. (The Russian press-release.)


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: TraderTimm on January 27, 2014, 08:22:55 PM
Had a native russian friend check it out - this is a ban, folks.

But I'm sure reddit and elsewhere will say "this is actually good news".


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: SirWilliam on January 27, 2014, 08:28:40 PM
Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported  ::)


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: komar on January 27, 2014, 09:02:46 PM
Had a native russian friend check it out - this is a ban, folks.

But I'm sure reddit and elsewhere will say "this is actually good news".
This is not a new ban. "Money surrogates" was banned in Russian since nobody remembers when. This is just a warning from russian central bank.


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: komar on January 27, 2014, 09:06:00 PM
Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported  ::)
BTC-E (http://btc-e.com) is an exchange from russian developers and it's one of two biggest stock exchanges (http://bitcoincharts.com/markets/) in the world.


Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: notthematrix on January 27, 2014, 09:14:32 PM
Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported  ::)
BTC-E (http://btc-e.com) is an exchange from russian developers and it's one of two biggest stock exchanges (http://bitcoincharts.com/markets/) in the world.

btc-e is located ouside russia. (bulgaria)
so no problems for btc-e , this is why is great bitcoin is decentralized.



Title: Re: [2014-01-27] Popular russian exchange closed due to russian central bank's note
Post by: manfred on January 27, 2014, 09:21:38 PM
Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported  ::)
BTC-E (http://btc-e.com) is an exchange from russian developers and it's one of two biggest stock exchanges (http://bitcoincharts.com/markets/) in the world.
BTC-e is a fully licensed Bulgarian Exchange
Russian Ruble is collapsing so possible escape routes have to be closed to some extend before floodgates open