Regulatory News Have Biggest Impact On Crypto Prices: Report

Regulatory News Have Biggest Impact On Crypto Prices: Report
фото показано с : cryptodaily.co.uk

2018-9-25 17:30

When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.

23 report by Bank of International Settlements (BIS) titled “Regulating cryptocurrencies: assessing market reactions. ”

Other news that have adverse consequences on crypto prices (but not as impactful) pertain to money laundering, terrorist financing and restrictions in regulated markets.

Continue reading Regulatory News Have Biggest Impact On Crypto Prices: Report at Crypto Daily™.

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