Bitcoin price falling after news on proposed ICO probe by SEC

in #cryptocurrency7 years ago

Securities and Exchange Commission (SEC) in USA is planning to have a deeper look into the initial-coin-offerings industry. After Wall Street Journal report about SEC intervention, the price of Bitcoin is falling. SEC wants to implement better security to the investors of ICO as compared to IPO. Here is the chart showing dropping Bitcoin price in last 24 hours as reported on CoinMarketCap.

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