Cryptocurrencies were off to a pretty volatile start this year. What may have also contributed to the slide is the fact that more governments are cracking down on cryptocurrencies. Not only did South Korea—once the third-largest market for Bitcoin trading—ban cryptocurrency exchanges in early January, but India’s Finance Minister Arun Jaitley announced plans this week to ban the use of Bitcoin and other cryptocurrencies as payments. The news did help shake investors who have already had a messy start to the year.