United Russia will develop a methodology for pricing cryptocurrencies

• United Russia to Discuss Cryptocurrency Pricing with Experts
• Politicians also intendclarify the regulations of crypto exchanges
• Earlier, the authorities approved the concept of regulation of the crypto market

United Russia will develop a methodologypricing of cryptocurrencies, regulation of the activities of cryptocurrency exchanges, as well as responsibility for organizing illegal trafficking. This was stated by Anton Nemkin, member of the Committee on Information Policy, Information Technologies and Communications.

According to him, regulatory discussions willtake place on the site of a political party, and their result will be “changes in legislation”. The deputy believes that the state will primarily benefit from the legalization of the cryptocurrency market, since taxes will increase the budgets of the regions.

“... today everything related to the mining of digitalassets, investments in crypto-currencies, activities of crypto-currency exchanges, transactions with crypto-currencies, creates risks for citizens - unfortunately, they often become victims of scammers. Therefore, the state must regulate this area and protect people by providing them with certain legal guarantees,”- said Nemkin.

When discussions approximately take place, it remainsunclear. Let us remind you that it was previously reported that rules for the circulation of cryptocurrencies will be formed in Russia. A condition for access to transactions with a new financial instrument will be complete identification of users. The preparation of the regime for the circulation of cryptocurrencies on the territory of the Russian Federation will be carried out by the Bank of Russia, and supervision will be carried out by the Ministry of Finance, Rosfinmonitoring, the Federal Tax Service, the Ministry of Digital Development and the Prosecutor General’s Office.

Meanwhile, it became known that banks would begintrack transfers of more than ₽100,000 per day. The tightening of regulation is driven by the need to identify “separate risk areas,” including participants in the shadow gambling business, crypto exchangers and organizers of financial pyramids.

In total, by the end of November 2022, the following changes are expected:

• Identification of an operation with an "unusually large number" of citizens - more than 10 per day and more than 50 per month.
• Surveillance of bank transfers of Russians in the case of more than 30 transactions with individuals per day.
• Identification of "significant volumes" of transactions between citizens - more than ₽100,000 per day, more than ₽1 million per month.

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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