Russia has blocked the site of the cryptocurrency exchange OKX in accordance with records from Roskomnadzor Russia’s state-run media regulator and Internet censorship authority.
The evidence shows the fact that Russia had blocked OKX’s site at the request of the Prosecutor General’s Office of the Russian Federation. It’s not clear what caused the decision.
OKC’s website was shut down under the provisions of article 15.3 of the Russian Federal law concerning Information, Information Technologies and Information Protection According to Roskomnadzor reports. The law requires blocking websites due to different reasons, including fake information, as well as a risk to credit and financial companies.
OKX has not responded to the Block’s request for comments at press time.
But, blocking access to websites does not mean that Russians cannot access the site entirely, given the existence of VPNs, also known as virtual private networks, also known as VPNs.
OKX is the second-largest cryptocurrency-only exchange, in terms of market share and trading volume according to information from The Block Research.
In September 2020, the Binance website was shut down in Russia following the local court decision that the exchange company was helping to distribute information about bitcoin.
Gargi Sinha is working as Senior Journalist at Confea. She has completed her Masters in Journalism from Delhi University. She has interest in crypto and blockchain technology.