The City Court of St. Petersburg, Russia has overturned the District Court’s previous decision to block crypto media website Bitcoininfo.ru. As reported by TASS Monday, June 4, the decision came about after the court received an order from Russia’s Supreme Court in April to review the case.
“The St. Petersburg City Court overturned the decision of the district court to recognize the information posted on the Bitcoininfo.ru website,” the city court was quoted by the news agency.
The press service of the City Court of St. Petersburg also reported that in July 2016 the St. Petersburg Vyborg District Court banned the website per the application of local prosecutors. The case was considered by the court without the website owners present.
In July 2016, the Vyborg district court of St. Petersburg ruled to block bitcoininfo.ru without allowing the site’s owners go through an initial trial. The basis of the ruling was that cryptocurrencies are “a means of virtual payment and accumulation,” and, thus, providing related information is illegal as it could undermine the country’s fiat currency.
Following the ban, the St. Petersburg City Court also declined the site owners’ appeal to reconsider the case until the Supreme Court overturned the decision.
The website’s owner told the news agency that the St. Petersburg city prosecutor’s statements disclosed that about 100 cryptocurrency media sites had been blocked following the ruling.
Earlier this year the City Court of St. Petersburg annulled a trial court’s previous decision to ban 40 Bitcoin-related websites in the Russian Federation. The ban was initiated because the sites were “spreading information” about digital currency that “is not backed by any real asset and does not provide information about its owners.”
[su_quote]This article is writing on 06 Jun 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: email@example.com Or Whatsapp Us- 918077121282.[/su_quote]
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .