Russia To Block Bitcoin Exchange Websites

Russia’s central bank moves to block bitcoin exchange websites.

The Central Bank of Russia moves block access to websites belonging to exchanges and trading platforms offering cryptocurrencies.

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“We consider all cryptocurrency derivatives to be a negative development on the Russian market and do not consider it possible to support it, and will even assume measures to restrict potential operations with such instruments made by the regulated part of the Russian market. Meanwhile, we assume efforts aimed at closing external websites that allow Russian citizens to acquire such assets together with the General Prosecutor’s Office,

We see Bitcoin gradually turning into an asset acquired for the purpose of obtaining a high yield in a short period of time, meaning it has signs of a financial pyramid.”
~Central Bank First Deputy Governor Sergei Shvetsov


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