Russia Reportedly Blocks Bitcoin.org and Bitsec.com

Russia’s Communications Ministry has reportedly blocked access to two websites: bitcoin.org and bitsec.com.

Bitcoin.org is a community website sponsored by the Bitcoin Foundation. It serves to educate the population on Bitcoin and provide online resources to its community.

Bitsec.com is the website of a Sweden-based IT consultancy which despite its name, apparently has nothing to do with Bitcoin.

The bans reportedly came into effect on September 30, but only appeared on the official banned list recently.

The state of Bitcoin in the country continues to hang in limbo. Its Finance Ministry has drafted a bill to ban all use of cryptocurrency. The bill was subsequently criticized by the Ministry of Economic Development because of its potential ramifications for non-cryptocurrency related businesses.

The notion of a Bitcoin ban in the country started last year, but official policy has changed more than once since then. Any ban of alternative currencies may be interpreted as a protective measure over its ruble, one of the worst performing currencies last year.

(Photo: pixabay)

bitcoin
Bitcoin (BTC) $ 21,545.77 8.57%
ethereum
Ethereum (ETH) $ 1,701.70 9.33%
tether
Tether (USDT) $ 1.00 0.07%
usd-coin
USD Coin (USDC) $ 0.999838 0.11%
bnb
BNB (BNB) $ 283.72 8.51%
binance-usd
Binance USD (BUSD) $ 1.00 0.24%
xrp
XRP (XRP) $ 0.340581 10.15%
cardano
Cardano (ADA) $ 0.467476 13.84%
solana
Solana (SOL) $ 36.74 11.62%
dogecoin
Dogecoin (DOGE) $ 0.069465 15.11%
S&P 500  ^GSPC 
$4,246.24  $37.50  (-0.88%)
Dow Jones Industrial Average  ^DJI 
$33,798.97  $200.07  (-0.59%)
NASDAQ Composite  ^IXIC 
$12,783.15  $182.19  (-1.41%)
Russell 2000  ^RUT 
$2,000.73  $13.42  (0.68%)
Crude Oil Sep 22  F*CL.NYM 
$90.37  $0.2600  (0.29%)
   
$0.0000  $0.0000  (0.00%)