Russia is not ready to legalize bitcoin as a means of payment

The Kremlin rules out the possibility of legalizing bitcoin as a payment instrument.

With this statementPress Secretary of the President of the Russian Federation Dmitry Peskov commented on the entry into force of the law on the recognition of BTC in El Salvador. According to him, our country is not yet ready for such decisive actions.

Bitcoin and other similar digital currencies pose great threats to the stability of the state’s financial sector, Peskov was quoted as saying by the Parliamentary Gazette.

The presidential spokesman stressed:

«The Russian Federation is definitely not ready for such a step [legalizing Bitcoin], and there is no reason yet to take such a step».

We will remind, this week came into force a bill that allows citizens of El Salvador to pay for goods and services using bitcoin.

Earlier, the Central Bank of the Russian Federation called it unlikely that countries with large economies would follow the path of El Salvador and recognize bitcoin as an official means of payment.

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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