Roskomnadzor has blocked access to BestChange, a significant crypto platform in Russia and Eastern Europe, as part of new regulations impacting Bitcoin mining and digital asset operations.

BestChange has faced bans before, notably in 2017 and 2019, due to legal concerns surrounding Bitcoin. This recent action adds to ongoing restrictions in the cryptocurrency space.

As restrictions tighten, industry experts worry about the negative impact on innovation and growth within the digital asset market in Russia, despite rising demand for crypto services among users.