"Regulatory crackdown" refers to the actions taken by authorities to enforce and tighten regulations or rules. It often involves stricter monitoring, stricter penalties, and increased government oversight to prevent or punish illegal or unethical activities in a particular industry or sector.
Full definition
Bitcoin's price soared in 2017 — reaching a record high of more than $ 19,000 in December — but saw sharp declines at the start of this new year due to fears of
regulatory crackdown on cryptocurrencies.
The looming specter of
regulatory crackdowns in South Korea on bitcoin and other cryptocurrencies may leave one population collectively shrugging: crypto traders...
The cryptocurrency has struggled since the start of 2018, with investors worrying about signs of
regulatory crackdowns from governments including that of South Korea.
Following successive crashes at the end of last year and start of 2018 — which were largely precipitated
by regulatory crackdowns in Asia and elsewhere — Bitcoin has slowly recovered some of its losses.
A
global regulatory crackdown on cryptocurrencies has slowed the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors.
But the cryptocurrency has since lost roughly two - thirds of its value given worries
about regulatory crackdowns and tax - related selling ahead of the U.S. tax deadline on April 17.
Ethereum and Ripple were both down heavily after reports South Korea and China could ban cryptocurrency trading, sparking worries of a
wider regulatory crackdown.
The confrontation that followed lasted just a few minutes, but it was long enough to spark a class - action lawsuit, a criminal investigation spanning at least three states and a
major regulatory crackdown in the U.S.. Now, for the first time, Canadian officials have confirmed they too are investigating the issues at the heart of the dispute.
The price of bitcoin experienced another volatile week as fears after
more regulatory crackdown grew ahead of the U.S. Senate hearing.
However, this latter claim glosses over the fact that at one time, mainstream financial analysts said that a
Chinese regulatory crackdown would deal bitcoin a deathblow.
The United Kingdom and Indonesia are preparing to
implement regulatory crackdowns of varying degrees on cryptocurrency usage within their respective jurisdictions.
South Korea's new management - minded approach is a dramatic turnaround from its
energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.
Chinese government officials could delay shipments of iPhones out of China or
use regulatory crackdowns to interfere with the manufacturing of components that iPhones rely on.
A few weeks prior, the Bank of England governor warned about a major
regulatory crackdown Regulation cryptocurrencies to address illicit activities is a positive message viral.
January's cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 20 percent, as the prospect of
regulatory crackdowns appeared to spread.
Most cryptocurrency prices temporarily plummeted this week after JPMorgan Chase CEO Jamie Dimon called bitcoin a fraudulent bubble as rumors of
regulatory crackdown circulated in China.
Bitcoin (BTC / USD) prices are grinding higher this week on renewed optimism that the blockchain will overcome China's
latest regulatory crackdown.
Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government's
expanding regulatory crackdown on cryptocurrencies via Wechat.
A steady stream of negative news
concerning regulatory crackdown in some of the world's largest markets — China and South Korea — pushed BTC below the $ 10K mark in mid-January.
In the past week, we saw the price of bitcoin drop from $ 14,380 to a low of $ 9,446 after increasing fear of a harsher - than -
expected regulatory crackdown on cryptocurrencies is being hinted at by French and German officials who intend to address the matter at the upcoming G20 meeting.
The prices of cryptocurrency have not been changed recently by the high amount of
regulatory crackdowns imposed on the currency as well as skepticism from financial market leaders.
Experts told CNBC earlier this week that investors had been «spooked» by news of
regulatory crackdowns from both South Korea and China.
The
global regulatory crackdown on cryptocurrencies continues, this time with a strict purchase ban in India, and the coins showed signs of resilience today, but bulls would need much more to get excited about the short - term prospects and traders are still advised to be defensive, even as the long - term picture suggests a durable bottom soon.
The biggest digital coin by market value lost 8 % since the start of the week and touched the lowest level since February 8 on the signs of
more regulatory crackdown and Google's decision to ban digital assets advertising.
The recent
regulatory crackdown in China signals the end of crypto's «Wild West» ICO days, but DOVU are staying ahead of the curve.
The world's numero - uno cryptocurrency was traveling on a path of rhetoric success till mid-December 2017 from where its price took a down - swing amidst fears
of regulatory crackdowns by countries around the globe.
East of the Mississippi, President Barack Obama's
regulatory crackdown on coal threatens to shutter up to 40 gigawatts of electricity generation.
However,
regulatory crackdowns — most recently in China and India appear to be the prime causes of bitcoin's current slide.
The announcement comes just a week after the company unveiled plans to form 100 home - sharing clubs in cities across the United States during 2016, a move aimed at giving advocates of home - and room - sharing companies a stronger voice to head off
regulatory crackdowns.
But the love has faded in recent years thanks to lawsuits and
regulatory crackdowns.
Meanwhile, worries about
a regulatory crackdown are growing.
More than three years after
a regulatory crackdown, 23andMe is now back to offering nearly all of its direct - to - consumer genetic tests.
Bitcoin has lost half its value in about two months amid worries about
a regulatory crackdown.
Uber, which is preparing for a potential initial public offering in 2019, lost $ 4.5 billion last year and is facing fierce competition at home and in Asia, as well as
a regulatory crackdown in Europe.
A regulatory crackdown on aggressive borrowing by individuals and companies in China is squeezing firms doing business in Hollywood, including Dalian Wanda Group, owner of Legendary Entertainment and AMC Theaters, and LeEco.
The company is under fire for how it tracks users, but
a regulatory crackdown could cost business owners an important avenue for ads.