At the beginning of 2017, only $more than 900 of bitcoin rose in the beginning of the year, reaching a record high of $19511 in December 2017, more than 20 times higher than at the beginning of the year.
Can this crazy market continue?
Last week, the South Korean government said it would take more measures to regulate speculation in the domestic currency transactions. The government statement says that most of the virtual currencies traded on the Korean exchange are much higher than the prices of other countries' exchanges, but have not been illustrated. The statement said that measures will include the prohibition of the establishment of an anonymous virtual currency account, and legislation will allow regulators to shut down the virtual currency exchange if necessary, and the latter measure is recommended by the Ministry of justice of Korea.
At the same time, the British government also hit the punch. At the beginning of December 2017, the British Daily Telegraph also reported that the British Ministry of finance to issue bills to manage bitcoin. The report points out that for the bitcoin used for money laundering and tax avoidance concerns, the British Treasury intends to make bitcoin traders disclose their identity and report suspicious activities. At present, the Ministry of finance is discussing regulatory regulations on anti money laundering and anti terrorist financing, which will involve virtual currency trading platforms and management agencies. The regulation will be implemented throughout the EU and is expected to be introduced at the end of 2017 or early 2018.
In addition, the Ministry of finance of India has warned investors recently that digital money investment is a bit like Ponzi scheme, and there are risks in transactions such as bitcoin and encrypted digital currency. The announcement said that the encrypted digital currency was not a legal currency, and that there was no regulatory permission in India and could not be protected. But the announcement did not declare a comprehensive prohibition of encrypt digital currency transactions or to impose restrictions, "participants need to take full risk."
The last thing to note is that the four largest banks in Australia have frozen the bitcoin account. According to the "Sydney Morning Herald" reported on Monday (January 1st), a large number of Australian bitcoin holders in social media released information that the "big four" banks have banned the use of funds in their bank account transactions bitcoin exchange, even some people claim that his account has been frozen. The four banks are the Australian Federal Bank, the Australian bank, the Australian National Bank and the Western Pacific Bank. The bank's explanation is that there is a high risk for the bitcoin transaction, and the banks have reason to ban related transactions.
Countries are closely monitoring the behavior of bitcoin, such as money laundering and so on, but seemingly fanatical investors are still in the rush. What's going on in 2018?
2017 up to 20 times the highest rate of bitcoin 2018
2018.1.2's latest trading data showed that the 2018 door opened up to 13000 dollars and then slowly climbed
It oscillates on the 13500 platform for several days