Russia’s New Law Threatens Internet Privacy as LocalBitcoins Volume Spikes

By September 15, 2015Bitcoin Business

Recently the Russian State Duma adopted amendments to the law "On Information, Information Technologies and Information Security" that will enable Moscow to tighten its grip on the Internet. The Russian authorities claim that the Internet threatens state sovereignty since it is border-agnostic and, thus, attackers pose a risk to national security as they operate from abroad.

Now, the new legislation is attempting to cordon off Russia’s Internet. It obliges companies to store personal data on […]

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