On Monday, Indian Finance Minister Nirmala Sitharaman said the government has prepareda cryptocurrency bill that has already been submitted to the Cabinet of Ministers and is awaiting approval.
It is believed that for managing cryptocurrencies anda growing industry in India will pass a law that will not impose a complete ban on cryptocurrencies, but does not recognize them as legitimate money. Most likely, the cryptocurrency will be classified as a tradable asset with its own market.
In addition, it is stated that humans will haveenough time to experiment with blockchain technology, bitcoin and cryptocurrency. At the same time, all private cryptocurrencies, with the exception of those issued by the government, will be outlawed.
According to the Governor of the Reserve Bank of India(RBI) Shaktikanta Das, there is no disagreement between the central bank and the Ministry of Finance regarding cryptocurrencies. Government agrees with RBI's "serious concerns" regarding cryptocurrencies:
«Now we must wait for the final decision on this issue from the Center».
It should be noted that, despite the tough positionIndia in terms of digital assets, cryptocurrency directly helped the country. The fact is that the co-founder of Ethereum Vitalik Buterin donated $ 1 billion in Shiba-Inu coins to the India Aid Fund.
The money is donated in chunks to organizations that provide food throughout the country and create mini intensive care centers for patients with severe cases of Covid-19.
Where is it more profitable to buy bitcoin? 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 | FTX | https://ftx.com | 7.5 |
| 3 | Bybit | https://bybit.com | 7.2 |
| 4 | OKEx | https://okex.com | 7.1 |
| 5 | Exmo | https://exmo.me | 6.9 |
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.
- Platform capabilities- availability of additional features: futures, options, staking, NFT, etc.
- 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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