April 29, 2024

Russia and Africa can use cryptocurrency in settlements

Russia and Africa can use cryptocurrency in settlements

As the TASS agency reports, the head of the Russian Chamber of Commerce and Industry Sergei Katyrin sent toThe Government of the Russian Federation a letter with proposals on the development of cooperation with African countries. In particular, it says that:

"It seems appropriate to entrustThe Ministry of Finance of the Russian Federation, together with the Central Bank, should ensure the conclusion of intergovernmental agreements with African states (as agreed) on the use of national currencies and cryptocurrencies in mutual settlements and payments.”

Three departments - the Ministry of Finance, the Ministryindustry and trade, as well as the Ministry of Economic Development - it is proposed to work out "the issue of counter trade (barter) and the system for accounting for external and internal payments, including cryptocurrencies."

Let us remind you that on April 9 the Ministry of Finance reportedintensification of work within the informal club of the BRICS countries (Brazil, Russia, India, China and South Africa), as well as the fact that there is a “reformatting of the current international financial system.”

As for the regulation of the cryptocurrency sector,The positions of the Ministry of Finance of the Russian Federation and the Bank of Russia differ. At the end of January this year, Russian President Vladimir Putin asked the government and the Bank of Russia to come to a consensus on regulating cryptocurrencies.

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 crypto exchange in the world is Binance. The platform 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 AAX https://aax.com 7.2
4 Exmo https://exmo.me 6.9
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.

Russia and Africa can use cryptocurrency in settlements

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