The Central Bank called the conditions for the legalization of mining in Russia

The Bank of Russia is ready to legalize the mining of cryptocurrencies if the sale of their proceeds occurs withinoutside the country. Director of the Department of Financial Technologies of the Central Bank of the Russian Federation Kirill Pronin stated this during the St. Petersburg International Legal Forum, writes RBC Crypto with reference to Interfax.

“Mining is not a subject and sphereresponsibility of the Bank of Russia, however, mining is one of the ways to acquire cryptocurrency as a fee, a reward for the validation, transaction that is performed during mining. In this regard, the legalization of mining can be discussed, but here it is necessary to specify a number of conditions that, in our opinion, must be met in this regard.”, Pronin emphasized.

He explained that the cryptocurrency formed byminers as revenue, should be sold outside of Russia. The representative of the regulator noted that the cryptocurrency should not be accumulated within the country, so as not to create motivation for its subsequent use in calculations.

In April, the State Duma introduced the bill “Onmining in the Russian Federation." Deputies propose to consolidate the concept of mining as an activity using Russian information infrastructure facilities and user equipment located in the Russian Federation, the result of which is the creation of a digital currency.

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	Bitget	https://bitget.com	7.8
3	Huobi	https://huobi.com	7.2
4	AAX	https://aax.com	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.