The US Department of Justice will block crypto transactions for Russia

In response to the «special operation» Russia in Ukraine, Washington is trying to find new ways to strengthenpressure on President Vladimir Putin. Bans on operations with cryptocurrencies, including bitcoin (BTC) and ethereum (ETH), are considered as new sanctions.

The US Department of Justice announced the creationseparate task force, which is called upon to enforce the sanctions. And the task is quite difficult, since digital tokens are not issued by a central authority, such as a bank.

Bitcoin, along with other cryptocurrencies, is decentralized and has no borders, freely crossing the borders of nation states.

However, if Russia tries to usecryptocurrency as a means of evading sanctions, then there will be an imbalance - its economy is too large, and the market for cryptocurrencies is too small, respectively, any large transactions are likely to be flagged.

In this case, the Department of Justice will have the opportunity to impose sanctions on these transactions, but do not forget that there will always be workarounds.

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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