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Crypto Market Crash Takes Pressure off Us: UK Regulators

From ccn.com

Britain’s financial regulatory body has had some pressure taken off its shoulders as the downturn in the value of bitcoin and other digital assets signaled a reduction in the threat cryptos could pose to the British financial system, per a Reuters report. Last year, the world witnessed a crypto explosion, as digital assets like bitcoin and ethereum saw astronomical increases in their value. Bitcoin particularly had a good year in 2017, reaching a record high just under $20,000 the week before Christmas. This increase in value sparked a worldwide debate, with different countries coming out with varying cryptocurrency ... (full story)

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  • Category: Fundamental Analysis