January 23, 2022

US Congress Crypto Regulation Hearing

US Congress Crypto Regulation Hearing

December 8, at a hearing in the US House of Representatives on "Digital Assets and the Future of Finance: Understanding Challenges and Benefits of Financial Innovation ”will be presented by top managers of the industry. The list was revealed by the head of the finance committee, Maxine Waters.

Participants include CEO Circle Jeremy Allair, CEOFTX Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Charles Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Coinbase Global CFO Alecia Haas.

Additional information was not disclosed.

Waters is committed to protecting investors and consumers by holding IT giants accountable. In June, under her leadership, a working group on cryptocurrencies was created, before that - with a focus on CBDC.

Waters has previously expressed concern on several occasions inin relation to the Diem Association (Libra Association) project. In June 2019, the congresswoman demanded that Facebook suspend the development of the digital currency, and two months later presented a work plan for its further study.

Recall that in 2020 Waters called on the Joe Biden administration to withdraw the decisions of the Office of the Comptroller of the Treasury under the US Treasury regarding cryptocurrencies and stablecoins.

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 deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

Site reliability is primarily determined bytrading volume and number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, 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 platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the 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 rating.

US Congress Crypto Regulation Hearing

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