Market Regulators To Discuss Bitcoin As Sustainable Instrument – 10 January, 2018

Cryptocurrencies have taken over, and a hearing will be held next month with the U.S. services financial panel and top market regulators to discuss bitcoin and the possible risks the currency poses to the financial system. Bitcoin soared to over $19,000 in December then quickly fell by 28 percent, and was last trading at $14,676. Experts are still on the fence about the emerging asset and debates about it’s legitimacy as a financial instrument have grown as more people try to understand and study it.