The Supreme Court of Russia has directed a court in the city of St. Petersburg to consider an appeal against a blocked cryptocurrency information website.
According to Russian legal information site RAPSI, the Vyborgsky District Court of St. Petersburg blocked Bitcoininfo.ru in 2016, claiming that cryptocurrencies are "a means of virtual payment and accumulation," and therefore, the provision of related information is illegal because it undermines the country's sole legal currency - the ruble.
The court did not invite the defendants to the initial trial, and they were unaware of the court's decision to block the site until access was cut off, Russian crypto publication Anycoin said. The original appeal period closed by that point.
Bitcoininfo reportedly attempted to appeal the ruling despite missing the window, but the court declined to review it. Anycoin reported last month that the Supreme Court would review the case after subsequent reviews, which it has now passed onto the St. Petersburg City Court as of Friday.
According to RIA Novosti, the same St. Petersburg court reviewed a similar appeal in February and overturned a decision to block 40 bitcoin-related sites.
The Russian government has largely expressed opposition to informational sites about cryptocurrencies. Last year its central bank said it would back efforts to block access to external websites selling cryptocurrencies in the country, citing risks to investors as its justification, as previously reported.
Statue of Themis at the Supreme Court of Russia image via Shutterstock
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
China's IT Ministry: 2017 Saw 'Exponential' Blockchain Growth
Nearly 40 percent of all Chinese blockchain startups emerged in 2017 alone, according to a new white paper published by China's Ministry of Industry and Information Technology.
Revealed by the mini
Back Above $8,500: Does Bitcoin's Rally Have Legs?
Bitcoin (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate.
The cryptocurrency closed below key technical levels on Thursday,
Former OKEx Chief Joins Rival Cryptocurrency Exchange Huobi
Chris Lee, the former CEO of Hong Kong-based crypto exchange OKEx, has announced he is joining rival platform Huobi as its vice president of global business development.
According to an announcemen
Colorado's Politicians Could Soon Accept Crypto Contributions
The state of Colorado could soon allow political committees to accept contributions in cryptocurrency.
The Office of the Colorado Secretary of State published a new working draft of its "Rules Conc
A $4000 Avalon Miner Only Costs $400 – A Glance of China’s Second Largest Bitcoin Miner Canaan
An Avalon miner was once hyped up to 20,000-30,000 yuan ($3,129 – $4,693) when bitcoin was climbing the peak. While according to the prospectus of Canaan, the ex-factory price of an Avalon miner i
Zcash Leaves Crypto Market Behind with 50 Percent Weekly Spike
The cryptocurrency markets are flashing red as the third week of May comes to close.
The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 d
Bitcoin Hits One-Month Low As $10K Sell-Off Resumes
Bitcoin's (BTC) drop to one-month lows below $8,000 has strengthened the bear grip on the markets, the technical charts indicate.
The cryptocurrency fell to $7,925 on Bitfinex earlier today - the l
Santander Conducts Proxy Voting Blockchain Pilot at AGM
Banco Santander has completed a blockchain pilot that it says improves the process of proxy voting during annual general meetings (AGMs).
For the project, announced Thursday, Santander partnered wi