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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Russian court order removes Binance website from regulator’s blacklist

The Binance website has been formally blacklisted in Russia since at least September 2020, but the restriction has not impacted Binance Russia trading.

The website of the world’s largest cryptocurrency exchange, Binance, is no longer formally blacklisted in Russia, according to a new court ruling.

According to a Jan. 21 report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist the Binance website in Russia. Gleb Kostarev, Binance’s head of operations for Russia and the CIS, confirmed the news to Cointelegraph, stating that the court hearing took place on Jan. 20.

The latest court decision reverts a previous ruling made in 2020. In September, Binance announced that its website came on the list of prohibited websites by Russian telecom regulator Roskomnadzor. The regulator blacklisted the website based on a court decision charging the site for disseminating prohibited information. Despite the block, the website was still available in Russia without additional access tools like VPNs.

At publishing time, the Binance website still appears on Roskomnadzor’s list of prohibited sites, but access is not restricted.

Binance website on Roskomnadzor’s list of prohibited sites. Source: RKN

Kostarev said that Binance is still waiting for the court documents on the latest decision, which the company expects to receive in the next two weeks. “After getting a document we will send a notification to remove us from the list,” he said.

The executive also said that the blacklisting has not impacted Binance’s trading volumes in the Russian market. “Though the September ban had no impact on our volumes in Russia, for us it was important to protect our reputation and appeal in this case,” Kostarev stated.

The blacklist reversal comes shortly after Russia officially adopted its major crypto law “On Digital Financial Assets” on Jan. 1, 2021. In August 2020, Roskomnadzor banned another major cryptocurrency website in Russia, BestChange.ru.

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