May 17, 2024

Mintsifra opposed the ban on cryptocurrencies in Russia

Mintsifra opposed the ban on cryptocurrencies in Russia

Restricting the circulation of cryptocurrencies in Russia contradicts the policy to support the IT industry. About this with a linkVedomosti writes in response to the statement by the head of the Ministry of Digital Development, Maksut Shadayev.

“The introduction of any restrictions on the issuance and circulation ofcryptocurrencies will lead to the fact that the industry of blockchain solutions within the country will cease to develop. Any regulatory restriction in this area will lead to an outflow of specialized specialists to other countries.”, the minister said.

Instead of a ban, he proposed ensuring market transparency and reducing risks for conscientious investors through clear legislation.

According to the concept presented by the Ministry of Finance of the Russian Federationregulation of the cryptocurrency market, the Ministry of Digital Development should become one of six supervisory authorities. Experts have already warned that this is fraught with abuses of power and difficulties for players.

Recall that the other day, the Managing Director of Simoleon Long-Term Value, Dan Wolf, said that it is impossible to advocate for the development of the blockchain in Russia and at the same time make the circulation of bitcoin in the country illegal.

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.

Mintsifra opposed the ban on cryptocurrencies in Russia

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