The Binance website has been officially blacklisted in Russia since September 2020, but the restriction did not affect Binance Russia trading.
According to a new court ruling, the website of Binance, the world’s largest cryptocurrency exchange, is no longer officially blacklisted in Russia.
The Arkhangelsk District Court overturned its decision to blacklist the Binance website in Russia, Russian news agency Kommersant reported on January 21. Gleb Kostarev, head of Binance’s Russia and CIS operations, confirmed the news and stated that the hearing was held on January 20.
The last court decision annulled the previous decision taken in 2020. In September, Binance announced that the website had entered the list of websites banned by Russian telecom regulator Roskomnadzor. The editor blacklisted the website based on a court ruling accusing the site of spreading prohibited information. Despite being blocked, the website still existed in Russia without additional access tools such as VPNs.
At the time of publication, the Binance website still appears on Roskomnadzor’s list of banned sites, but access is not restricted.
Kostarev said Binance is waiting for court documents regarding the final decision the company expects to receive within the next two weeks. “We will send a notification to remove us from the list after receiving the document,” he said.
The manager also said that the blacklisting did not affect Binance’s trading volumes in the Russian market.