[2014-01-27] Popular russian exchange closed due to russian central bank's note

[komar]

A popular russian exchange metabank.ru closed after russian central bank’s press-release "about virtual currency".

"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:

[btbrae]

This is the real news right now. (The Russian press-release.)

[TraderTimm]

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".

[SirWilliam]

Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported 

[komar]

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.

[komar]

Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported 

BTC-E is an exchange from russian developers and it's one of two biggest stock exchanges in the world.

[notthematrix]

Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported 

BTC-E is an exchange from russian developers and it's one of two biggest stock exchanges in the world.

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

[manfred]

Well it is pretty catastrophic, Russian exchanges account for about .000000001 percent of volume last time it was reported 

BTC-E is an exchange from russian developers and it's one of two biggest stock exchanges 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