On January 20, the Arkhangelsk Regional Court overturned the decision to block the Russian website of Binance.
The court’s decision means that the exchange website will continue to operate on the territory of the Russian Federation after it is removed from the register of prohibited Internet resources.
Digital Rights Center, which represented Binance in court, told that the website has been under threat of blocking since September 2020. Then the company received a notification from Roskomnadzor – the country’s internet censorship agency, about the need to remove information about bitcoin from the website. Then, the decision to ban the websitewas was made to comply with another court decision that blamed the crypto exchange giant for illegally offering details on acquiring digital currencies.
Initially, the decision to add the site into the register was made by the Mirny Court of the Arkhangelsk Region. Binance was not notified of the initiation of legal proceedings over the blocking.
“We are glad that we were able to successfully challenge the blocking of the domain and the corresponding court decision in due course,” Gleb Kostarev, Head of Binance’s Russian operations and CIS, told a local crypto news site, Forklog.
“We hope that with the adoption of transparent laws in the field of cryptocurrency regulation in Russia, such cases will become a thing of the past and regulatory uncertainty will no longer negatively affect the development of cryptocurrency projects in Russia.”