[2016-01-22]Bitcoin Exchange BTC-E Blocked by Russian Regulator

[Ernstew]

European bitcoin exchange operator BTC-e has revealed that users in the Russian Federation won’t get access to its website following a ban imposed by a Russian regulator today.

In what may be sign of things to come prior to the review of a draft bill that seeks a Bitcoin ban by the Russian legislature , the official twitter account of European bitcoin and alt coins exchange BTC-e has revealed that it won’t be accessible by Russian users.

The tweet mentions a lock by Roskomnadzor, the Russian telecom regulator which effectively puts the domain btc-e.com in a blacklist that will not be accessible via Russian ISPs.

Roughly translated, the tweet reads:

In connection with roskomnadzor lock [from] 22.01.2016 [the] domain btc-e.com may not be available for users of the RUSSIAN FEDERATION #btce

Read more https://www.cryptocoinsnews.com/bitcoin-exchange-btc-e-blocked-russian-regulator/

[Kellor]

That is bad news. But a few days ago, it was reported Russian could use bitcoin to pay some bills.

[InvoKing]

Too bad, hope that this block will be limited to btc-e and not to the rest of the exchangers. Imo there is a political thing behind this regulation

[Ernstew]

And so will every other government when the time comes. This is precisely why we need Bitcoin in the first place!