Bitcoin sank below US$22,000 in Friday morning trading in Asia after the U.S. Securities and Exchange Commission slapped a fine on the Kraken exchange, sparking concerns that regulators are set to take a tougher line on cryptocurrency trading. The move adds to existing investor worries about macroeconomic trends, such as higher interest rates. Ether fell along with all other top 10 non-stablecoin cryptocurrencies. (forkast)
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Markets: Bitcoin Slumps in Broad Sell-off Amid SEC Charges Against Kraken, Regulation Worries
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