US Treasury Secretary Janet Yellen on Friday announced the convening of a working group of influential federalregulators to discuss the issue of stablecoins next week.
"In light of the explosive growth of digital assets, it is important that agencies work together to regulate this sector and develop any recommendations to create new powers.", — Yellen said.
The President's Financial Markets Working Group (PWG) includes:
- Ministry of Finance,
- Office of the Comptroller of the Currency,
- Federal Deposit Insurance Corporation.
At the end of last year, the working group prepareda talk on stablecoins that will be the starting point for next Monday's meeting. The Ministry of Finance stressed that stablecoin operators are currently not subject to uniform standards at the federal level, and regulation is carried out on the basis of state-level legislation.
The day before, to the problem of regulationstablecoins drew the attention of Fed Chairman Jerome Powell. He called for the same standards that are already used for bank deposits and mutual funds to be applied to them.
"By bringing regulators together, we can assess the potential benefits of stablecoins while avoiding the risks they pose to users, markets and the financial system.", — Yellen said.
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 | 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.
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