In St. Petersburg has cancelled the decision about blocking websites with information about bitcoin

© RIA Novosti / Vladimir Astapkovich in photobacteria with farms for mining cryptocurrencyIn St. Petersburg has cancelled the decision about blocking websites with information about bitcoin© RIA Novosti / Vladimir Astapkovich the image Bank

The St. Petersburg city court on Tuesday overturned the trial court’s decision to block several Internet sites which host information about the cryptocurrency bitcoin (bitcoin), reports the United press service of the city courts.

The decision to block was made on 16 may last year the October district court of Petersburg. On Tuesday, the city court considered the appeal on this decision and cancelled it.

«Business is directed on new consideration in other structure of court», — stated in the message.

As published on the website of the court of first instance decision in this case, the court asked the St. Petersburg Prosecutor’s office on supervision of execution of laws on especially regime objects, acting to protect the interests of an indefinite circle of persons and the Russian Federation. Interested face spoke the regional Department of Roskomnadzor.

«Crypto-currencies, including bitcoin, are money substitutes, contribute to the growth of the shadow economy and cannot be used by citizens and legal entities on the territory of the Russian Federation. Free dissemination of information about e-currency leads to the active use of cryptocurrency in trade in drugs, weapons, counterfeit documents and other criminal activities», — stated in the decision of the court of first instance.

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