Watch: Bitcoin dives following SEC warnings of “potentially unlawful” trading platforms
Bitcoin fell to a 10-day low after the Securities and Exchange Commission issued warnings of “potentially unlawful” trading platforms. The troubled and volatile cryptocurrency dropped 7.53% in the wake of the news. Multiple scams and an ongoing investigation into an Icelandic “Bitcoin Heist” have led to rocky waters for the digital coin. Bitcoin has proven resilient in the past, does this mark a new era of regulatory involvement?