German Central Bank Director: Crypto Regulations Must Be International

“Effective regulation of virtual currencies would therefore only be achievable through the greatest possible international cooperation, because the regulatory power of nation states is obviously limited.”

After the Chinese government banned cryptocurrency exchanges from operating domestically in September, many Chinese crypto traders simply moved their activities to exchanges in Japan, and possibly South Korea, according to some analysts. Read More @ https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

We believe there is more to done then just the statement above; we should should witness the Crypto to go to new lows this week or even before June 2018.

Here is a Technical Chart.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

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