A court case in Russia has signaled a change in the attitude authorities have towards the cryptocurrency space, at least on first glance. An online portal helping traders find the best exchange options for their digital assets will be allowed to restore normal operations. That’s after prosecutors gave up their efforts to block the website citing upcoming Russian legislation meant to regulate Bitcoin.
Also read: Russia Prepares to Test Cryptocurrencies in Four of Its Regions
Request to Block Bestchange.ru Dropped
Roskomnadzor, Russia’s telecom watchdog, is now obliged to take Bestchange.ru out of its banned websites list. That’s after a Court of Appeals accepted the decision of the Prosecutor’s Office in Omsk to retract its administrative request to take down the platform. The statement issued by the office refers to new provisions in Russian law, arguably aimed at legalizing cryptocurrencies, including Bitcoin, as explained in the document. According to a copy of it posted on social media,…