Market Analysis Report (06 Oct 2022)

Russia has blocked access to the website of one of the world’s largest cryptocurrency exchanges, OKX, at the request of the Prosecutor General’s Office.

A search for the exchange’s domain records from Russia’s internet censorship agency Roskomnadzor, shows the website has been blocked under article 15.3 of Russia’s law on Information, Information Technologies, and Information Protection.

The article is meant to protect against the spread of fake information, threats to financial organizations, calls for extremist activity, and more. No specific reason was given to block OKX’s website, however.

Notably, local courts in Russia have in the past ordered for the websites of other cryptocurrency exchanges to be blocked.