Russia Reportedly Blocks Bitcoin.org and Bitsec.com

Russia's Communications Ministry has reportedly blocked access to two websites: bitcoin.org and bitsec.com.

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term.org is a community website sponsored by the Bitcoin Foundation. It serves to educate the population on Bitcoin and provide online resources to its community.

Bitsec.com is the website of a Sweden-based IT consultancy which despite its name, apparently has nothing to do with Bitcoin.

The bans reportedly came into effect on September 30, but only appeared on the official banned list recently.

The state of Bitcoin in the country continues to hang in limbo. Its Finance Ministry has drafted a bill to ban all use of cryptocurrency. The bill was subsequently criticized by the Ministry of Economic Development because of its potential ramifications for non-cryptocurrency related businesses.

The notion of a Bitcoin ban in the country started last year, but official policy has changed more than once since then. Any ban of alternative currencies may be interpreted as a protective measure over its ruble, one of the worst performing currencies last year.