Gaming giant Steam stops accepting bitcoin in Russia

Now Accepting | June 8, 2016 By:

Steam is no longer accepting bitcoin in Russia.

According to the customers in the country, the gaming platform is no longer accepting bitcoin. Cryptocoinsnews.com reported that a user by the name ‘Eliot the Cougar’ complained that he was no longer able to buy Steam products with bitcoin. He noted that he had contacted the company’s support group but has not got any reply from them yet.

An online discussion board called Pikabu contained a message that appeared to be from Steam confirming that it was no longer supporting bitcoin in Russia.

“Unfortunately, payment in the Steam store using Bitcoin will no longer be maintained on the territory of your region. We apologize for the inconvenience,” said Steam.

Previously in the month of March, there was a proposal by the Finance Ministry in Russia to officially ban bitcoin in Russia. BitPay, leading bitcoin payment processor in the month of April announced that it is bringing bitcoin payment to Steam globally.