Elon Musk against strict regulation of cryptocurrencies in the USA

Tesla CEO Elon Musk believes that the United States should refrain from attempting to regulate the cryptocurrency market. InOn Tuesday he spoke at the Code Conference event in Beverly Hills, where he said that "cryptocurrencies cannot be destroyed, but the authorities can slow down their progress."

"I would say:" Do nothing ""- Musk answered the question of how the authorities should approach the control over the crypto space.

At the same time, the Tesla CEO recognized the potential of cryptocurrencies to reduce the "errors and delays" of the traditional financial system, but questioned their ability to solve all the problems of society:

“I would not call myself a major cryptocurrency expert. I think there is some value in cryptocurrencies, but this is not the Second Coming of Christ. "

The latest restrictions in China, affecting mining and trading, he associated with "significant problems in the production of electricity":

“This may be due in part to a shortage ofelectricity in many regions of China. In the south, supply problems now occur periodically because demand exceeds expectations. The mining of cryptocurrencies could not be the last factor in this. "

In addition, decentralized currencies are inherently inconsistent with CCP policies, Musk said:

“My guess is that cryptocurrencies are fundamentally focused on reducing the powers of a centralized government. They don't like it. "

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.

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