Russia blocks access to nearly half a dozen Bitcoin-related websites over "shadow economy" fears

[Shawn Knight]

Russian's telecommunications regulatory agency has blocked accessed to nearly half a dozen Bitcoin-related websites under the guise that it contributes to the growth of the shadow economy.

[newwindow="https://www.techspot.com/news/59409-russia-blocks-access-nearly-half-dozen-bitcoin-related.html"]Read more[/newwindow]

 

[VitalyT]

It isn't without a valid concern. Simplification of money flow benefits traders the same as evil doers.

 

[Darth Shiv]

The headline wording is a bit ho hum: "nearly half a dozen". I do not get the point of wording it like that? Why not just say 5? Guessing it was 5?

 

[Evernessince]

It isn't without a valid concern. Simplification of money flow benefits traders the same as evil doers.

Have to agree. I think the Russian government is really worried about the illegal economy surpassing the legitimate one. There are many illegal services based in russia and I think this is just one way they are trying to crimp down. The side effect is that the average citizen is losing access to this.

 

[Guest]

The headline wording is a bit ho hum: "nearly half a dozen". I do not get the point of wording it like that? Why not just say 5? Guessing it was 5?

HEADLINE:
Russia blocks access to over a quarter of 20 Bitcoin-related websites over "shadow economy" fears

 

[captaincranky]

HEADLINE:
Russia blocks access to over a quarter of 20 Bitcoin-related websites over "shadow economy" fears

Correction: "Russia blocks access to over a quarter, but less than six twentieths of Bitcoin related websites".

Good for Russia! It's great to see them taking their rightful place on the world economic stage. It should be obvious to all, they no longer want to be thought of as simply exporters of malware, and photos of beautiful naked women! (y)