The reason for the sharp decline in Bitcoin last night became clear

Yesterday, Bitcoin price dropped from $11.834 to $10,700 with a sudden drop in 20 minutes. Although the reason for this hard thought was not noticed at the time, the truth emerged later.

A regulation comes from England on the grounds of money laundering and tax evasion

As the Telegraph reported at that moment, the British Ministers are preparing to deal a blow to the digital currency Bitcoin amid growing concerns that it is being used for money laundering and tax evasion. explained. Details on what the regulations will be were not provided.

The planned regulation is intended to go into effect between the end of 2017 and the beginning of 2018.

Bitcoin is beginning to be adopted by the masses and institutional capital is rapidly flowing into this area. It is becoming a financial reality like never before. China, Russia, and other countries have made it clear that Bitcoin will be limited. Countries such as Switzerland and Malta showed that they are more open to this transformation.

How many years to consider investing in Bitcoin?