Countries Try to Lasso Cryptocurrencies

Countries Try to Lasso Cryptocurrencies

Countries Try to Lasso Cryptocurrencies

By / Latest News / Wednesday, 27 June 2018 00:51

International regulators are slowly but surely fixing reins to what for years has been a relatively untethered cryptocurrency boom – attempting to add a degree of predictability and security to assets that have at times been prone to wild valuation swings, theft and illicit transactions.

In the past several months alone, bitcoin, among the most popular cryptocurrencies on the market, has lost more than half of its value, with the price of one coin dropping from nearly $20,000 to fewer than $7,000. The downturn is believed to be weighing on the fledgling digital investments as a whole, with other mainstream cryptocurrency options such as Ethereum suffering similar losses as lesser-known upstarts such as VeChain waver but to a much smaller degree.

 

Read more at US News.

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NexPro Media Staff

NexPro Media Staff

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