Will a cryptocurrency crackdown kill Bitcoin, Ripple and Ethereum? Investors speak out over ‘bloodbath’ fears
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The cryptocurrency world was terrified by rumours suggesting a global crackdown on the trading of virtual coins is imminent.
But new rules could slow the pace of bitcoin’s rise but should not threaten its existence, investors and market participants at a cryptocurrency conference said on Thursday.
At the North American Bitcoin Conference in Miami, investors and executives were unfazed by rumours that governments will soon ban the buying and selling of virtual coins.
They sure are trying, especially with high taxes assigned to Crypto. Very disturbing.
They must be scared, judging by the continual FUD which is coming out in South Korea, China, France and elsewhere. The European Union have also got involved, saying they are looking into regulating cryptocurrency exchanges.