Gaming Giant Steam Disables Bitcoin in Russia

By June 5, 2016Bitcoin Business

Steam, a platform that offers instant access to games globally, is no longer accepting bitcoin in Russia , according to customers in the country. The Steam payment page does not include the option to use bitcoin, according to this screenshot provided by a Russian customer. There was nothing about the change in policy for Russia on the company’s website at the time of this report. Steam’s acceptance of bitcoin in April garnered major attention at the time. Bitcoin Disabled

A Steam user who goes by the name ‘Eliot the Cougar’ contacted CCN on Friday after he was no longer able to buy Steam products with bitcoin. Eliot the Cougar noted he was able to buy games on April 28 and May 14, but the option is no longer available. He said he contacted the company’s support group, but after two days he has not received any response about the matter.

Bitcoin is still being accepted in other regions, CCN confirmed by creating a user account in the U.S.

“I’m not sure what is going on, and I couldn’t find any explanation. I don’t see the option to pay with bitcoin in Steam anymore,” the Russian user told CCN. Note On Discussion Board

An online discussion board called Pikabu contained a message that appeared to be from Steam confirming that it was no longer supporting bitcoin in Russia. The message said it was posted by ‘Technical Support Officer Tim’ on Thu, Jun 2nd, 2016 15:49.: The message reads: Unfortunately, payment in the Steam store using Bitcoin will no longer be maintained on the territory of your region. We apologize for the inconvenience. The Finance Ministry in Russia developed a proposal to officially ban bitcoin in Russia, CCN reported in March. The proposal by the Finance Ministry cites the Russian Central Bank to […]

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