April 24, 2024

US Congress Crypto Regulation Hearing

US Congress Crypto Regulation Hearing

On December 8, at a hearing in the US House of Representatives on the topic “Digital Assets and the Future of Finance: Understandingchallenges and advantages of financial innovation” will be presented by top industry managers. 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 tech giants accountable. In June, a working group on cryptocurrencies was created under her leadership, previously with a focus on CBDC.

Previously, Waters has repeatedly expressed concern aboutregarding the Diem Association (Libra Association) project. In June 2019, the congresswoman demanded that Facebook suspend development of the digital currency, and two months later presented a work plan to explore it further.

Recall that in 2020, Waters called on the Joe Biden administration to revoke the decisions of the Office of the Comptroller of the Currency within 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 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.

US Congress Crypto Regulation Hearing

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