As we know that Bitcoin fell on friday to $6.000.
Brain Kelly, the founder and CEO of BKCMLLC, an investment company focused on digital currencies said that," it is not the funeral for Bitcoin" . He said " do you know where we were a year ago? $2.500"
Financial regulator of Japan has orderd on Friday maney cryptocurrency exchanges in order to develop financial conditions to prevent money laundering in future.
The performance of Bitcoin on Friday
It fell from $6.400 to $6.081 after the news had broken on Friday morning.
Kelly said that it will not be a bad thing for long term, "they are cleaning up the system and making sure it is better for people".
Information is taken fromhttps://www.cnbc.com