Russia: Some Interest Groups Sue against Cryptocurrency Advertising Bans

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RACIB, an association to strengthen blockchain technology and cryptocurrencies in Russia, want continue to prepare the lawsuit because Facebook has not renounced a ban on ICO advertising. Because of the advertising bans Russian start-ups are badly affected. In 2017 alone in local ICOs over 300 million US dollars were collected, while the situation has become increasingly difficult for Russian companies since January 2018. (German)

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