US Congress may ban digital yuan

• In the United States opposed the distribution of programs to support the digital yuan
• Republicans wantprohibit marketplaces from placing software on the turnover of Beijing digital currency
• So far, the bill has been submitted to the US Congress.

Three Republican senators have proposed a bill that would ban US tech companies from apps that access the digital yuan.

According to the bill, Senators Tom Cotton, MikeBrown and Marco Rubio are proposing to prohibit US companies from listing apps on their marketplaces that could support the Chinese digital yuan.

As Cotton stated, Beijing intends to use the digital currency “to control and spy on everyone who uses it.”

"We cannot give China that chance - the United States must stop China's attempt to undermine our economy at the most basic level."he added.

Mike Brown believes that the digital yuan allows China to directly control and access people's financial lives:

“We cannot let this authoritarian regimeuse their state-controlled digital currency as a tool to infiltrate our economy and the personal information of American citizens.”

However, it remains unclear whether the bill will receive regulatory status, as a group of senators have so far only submitted it to the US Congress.

Previously, the editors wrote that China begantest the digital yuan as a prepaid card in educational institutions. According to local media, the prepaid “card” supporting the digital yuan is actually a compact mobile phone.

The device allows students to make payments incertain stores and call selected numbers. For example, parents can add up to 20 other incoming call numbers to the device to help children "avoid being harassed by unknown calls."

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 crypto exchange in the world is Binance. The platform 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	Bitget	https://bitget.com	7.8
3	Huobi	https://huobi.com	7.2
4	AAX	https://aax.com	6.9
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.