Russian Authorities Backlist Crypto Exchange Binance’s Website

Russian authorities have blacklisted the website of major cryptocurrency exchange Binance, although access to it has not been blocked by the country’s telecom regulator Roskomnadzor.

In an announcement Binance published on its Russian telegram channel, it reveals Roskomnadzor added the cryptocurrency exchange’s website to the register of platforms disseminating prohibited information, reportedly because of distribution of data related to the acquisition of cryptocurrencies like bitcoin.

Speaking to CoinTelegraph Gleb Kostarev, Binance’s head of operations for Russia and the CIS, said the exchange announced the news immediately after it was notified by Roskomnadzor its website had been blacklisted.

Often, users have to use tools like Virtual Private Networks (VPNs) to bypass these blocks, but it seems the Russian regulator hasn’t blocked Binance’s website. While the exchange’s URL is on the country’s official register for blacklisted websites, access to it has “not been limited.”




In its announcement, Binance detailed it was not “previously notified of nay claims by law enforcement agencies, civil government services, or courts” before being notified by the telecom regulator.

It added:

We have now engaged our legal counsels for further advice and would like to assure all of our Russian users that there will be no disruption to their services in the interim and that their funds are safe.

It’s worth noting that last month Russian authorities blocked BestChange.ru, a major cryptocurrency exchange aggregator in the country, shortly after lawmakers passed crypto legislation banning cryptocurrency transactions.

The aggregator reportedly includes 400 local cryptocurrency websites and included information on exchange rates between different cryptoassets. Despite being blocked, the aggregator managed to bypass the ban through mirror websites, and users were still able to access it using VPNs.

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