Bitcoin price THREAT: Fears bitcoin will crash as Merkel and Macron propose regulation
German Chancellor Angela Merkel met French President Emmanuel Macron to discuss regulating bitcoin after it was suggested that the token is “a risk for financial stability”.
Bitcoin prices suffered a crushing blow this week after South Korean regulators threatened to ban crypto trading, plummeting $83billion (£59.8billion) in value between Monday and Thursday alone.
Bitcoin investors now fear further regulation in Europe could adversely impact prices, which were trading at more than $12,700 (£9,163.43) at 11am on Saturday January 20.
Yves Mersch, member of the Executive Board of the... read more
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