April 25, 2024

The Bank of Russia will release a report with an assessment of cryptocurrency investments

The Bank of Russia will release a report with an assessment of cryptocurrency investments

The management of the Bank of Russia decided to analyze the situation in the cryptocurrency market and assess the threatsoutgoing from this sector. The report on the work done should be published by the end of July, the Central Bank's press center specified.

The regulator will study the activity of Russian individuals and legal entities on the crypto market.

The Bank of Russia stressed:

«The survey is carried out to obtain data on trends with a subsequent assessment of systemic risks associated with investments of citizens and legal entities in cryptocurrencies».

It is known that the Central Bank employs 15 domestic commercial banks. Representatives of Sberbank, VTB, Gazprombank, Alfa-Bank and other credit institutions will take part in the threat assessment.

In addition, the regulator intends to involve payment systems Visa, MasterCard and «MIR» in the research work.

Payment services YuMoney, WebMoney, Robokassa, Qiwi, as well as «Unistream» and Western Union will also provide data on the volume of cryptocurrency transactions.

Note that the Bank of Russia and its head Elvira Nabiullina are categorically against the use of Bitcoin and similar coins. The Chairman of the Central Bank even recently called cryptocurrencies surrogates.

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 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

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.
  • 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.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

The Bank of Russia will release a report with an assessment of cryptocurrency investments

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