How to Bypass Russia’s Ban on LocalBitcoins
LocalBitcoins has offered a detailed set of instructions for the Russian Bitcoin community to efficiently circumvent the blockade of its platform in the country…
The country’s supervisory body for telecommunication, internet and mass media, Roskomnadzor has recently issued an order banning access to LocalBitcoins in Russia. The government body’s move came as a surprise to both LocalBitcoins and the country’s Bitcoin community, mainly due to the timing of the ban.
The order to block access to the Bitcoin platform follows a recent statement by the country’s deputy finance minister, Alexei Moiseev. In a recent speech, Moiseev indefinitely postponed the implementation of draft Bitcoin regulation, pending review from the ministry and cryptocurrency experts. The ban on LocalBitcoins has come at the time when the community was expecting the government to have more relaxed outlook towards the digital currency.
But all is not lost, as the peer-to-peer Bitcoin trading platform has published a detailed post, explaining ways to circumvent the blockade.
This post was published at NewsBTC