Russian court fines Coinbase for refusing to localize Russian users' data
Coinbase, a crypto exchange, has been fined 1 million rubles ($11,000) by a Russian court for failing to localize Russian users' data within the country. This is part of a trend of Russia imposing fines on international technology companies for various violations, seen by some as an attempt to gain more control over the internet. Other companies that have been fined for similar reasons include Google, Apple, Spotify, WhatsApp, Airbnb, Zoom, and Telegram. Russia's internet and communications regulator, Roskomnadzor, had ordered foreign internet companies to localize Russian users' data by July 1, and around 600 companies had complied by that deadline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x LIGHT: Trade futures to share 22,222 LIGHT!
New spot margin trading pair — MIRA/USDT!
Bitget x LIGHT Carnival: Grab a share of 1,176,000 LIGHT
[Initial Listing] Bitget Will List Bitlight Labs (LIGHT) in the Innovation Zone
Trending news
MoreCrypto prices
More








