April 26, 2024

ECB will increase control over cryptocurrency transactions

ECB will increase control over cryptocurrency transactions

The leadership of the European Central Bank is not only working on the launch of a digital euro (CBDC), but is also tryingstrengthen control over all types of cryptocurrency transactions.

This week, the regulator issued a press release,which announced plans to include stablecoins and other digital assets in the regulatory framework used to control electronic payments.

It's about a set of rules for trackingtransactions (PISA). Now this regulatory system will also be used to control the movement of funds in any digital currency, including bitcoin and stablecoins.

The ECB wants to pay special attention to the analysisactivity of crypto wallet owners using tokens to pay for goods and services. In fact, stablecoins will be equated to traditional means of payment.

The ECB requires crypto companies to complete the transition to a new reporting system by November 15 next year, the regulator's press center emphasized.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

ECB will increase control over cryptocurrency transactions

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