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As per the usual formula, Magic Online continues to follow the paper EDH ban recommendations.

As of June 20th, the following 3 cards are banned in Commander:

Channel
Staff of Domination
Tolarian Academy

You can visit the paper EDH boards if you are interested in the full explanation of the EDH RC's reasoning for banning those cards, and  also for the discussion threads centered around those decisions.

Essentially, the feeling is that explosively fast mana production is unhealthy for the format, and that SoD was only ever used as a combo enabler.