Bitcoin under pressure as U.S.A., Japan revive regulation concern

Bitcoin slumped for a third day amid fears of a regulatory clampdown on cryptocurrency exchanges in Japan and the U.S., the world’s most active markets for digital assets. Governments around the world are scrutinizing cryptocurrency exchanges amid concerns ranging from money laundering to cyber thefts to trading outages. While signs of tighter regulation tend to weigh on digital-asset prices, some observers have argued that more government oversight would make the nascent markets safer for the hordes of individual investors who piled during last year’s speculative boom.

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