Court fined the exchange of Coinbase for refusal to localize data of Russians

Photo: © Krivobok Ruslan / Federal state unitary enterprise RAMI "RIA Novosti" the World judge in Moscow fined cryptocurrency exchange Coinbase 1 million rubles for refusal to localize data of Russians to Russian Federation. About it reports information agency "ITAR-TASS" with reference to the representative of a world judicial site No. 422 where this decision was made. "Coinbase Global, Inc is found by Ireland Limited guilty of commission of an administrative offense on h. 8 Art. 13.11 of the Code of the Russian Federation on Administrative Offences (non-performance by the operator when collecting personal information of a duty on ensuring record, systematization, accumulation, data storage of citizens Russian Federation). It appointed punishment in a look...