BITCOIN vs SEC - this round goes to the Regulators

BITCOIN vs SEC - this round goes to the Regulators -

Bitcoin tanks below the key $10,000 level after the U.S. Securities and Exchange Commission said it will require digital asset exchanges to register with the agency.

"If a platform offers trading of digital assets that are securities and operates as an 'exchange,' as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration."

Bitcoin quickly fell 10 percent to below $10,000 on concerns that tightening regulation could restrict future trading.

* source > www.cnbc.com

in other news > U.S. Judge rules that cryptocurrencies like Bitcoin are commodities > check out the news clip here on > www.cnbc.com