Ambiguous Regulatory Frameworks to Blame for Drastic Drop in Prices

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TheMerkle US Stock market CrashThe year 2018 started out great for cryptocurrencies. With most cryptos trading at record highs and awareness rising by the day, the world was coming to terms with this industry. However, things began to take a free fall in late January, and the market hasn’t recovered since. The factors contributing to this downward spiral have been many, but none have driven down the cryptocurrency universe like uncertainty regarding regulations from most regulatory bodies across the world. THE ASIAN FACTOR Asia’s significance to the cryptocurrency world can’t be overstated. With some of the biggest exchanges in the world including Binance, Bithumb, Upbit, Huobi, OKEx

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