Regulations for cryptocurrencies from governments will be very much in place soon. China announced just yesterday that they will have tighter measures to protect the financial system hence in their statement, they mentioned that it is necessary to “crack down on Bitcoin mining and trading behaviour, and resolutely prevent the transmission of individual risks to the social field.” China So I am sure you know what happened next, here we go again....Bitcoin tumbled and fell. It was only just recovering and now with this news, more selling is set to happen. I think there are quite a few factors involved in this. China has all along been in the process of creating their own digital yuan yet according to the Cambridge Centre for Alternative Finance, roughly 70% of the hashrate for mining Bitcoin—that is, the processing power for verifying transactions on the blockchain’s ledger—is generated in China. Hence, it is quite ironic and with the...