What happened to bitcoin in 2018?

2018 saw Bitcoin decline by 80% peak to trough, but the trend reversed. Bitcoin began recovering from its massive losses toward the end of 2019, and by 2020, it started soaring to new all-time highs. But how low could Bitcoin go?

Will China ban bitcoin trading?

China has tried to effectively ban trading in bitcoin. Japan has taken a lighter touch. Last year, the government officially recognized bitcoin as a form of currency and started licensing exchanges. But because Coincheck was already in business before the new rules came into effect, it wasn't yet registered with authorities.

Which countries have a tough approach to bitcoin trading?

Some countries have taken a tough approach.China has tried to effectively ban trading in bitcoin. Japan has taken a lighter touch. Last year, the government officially recognized bitcoin as a form of currency and started licensing exchanges.