The tightening of regulation has resulted in a drop of more than 40 percent in a single month.

In contrast to the recently emerging block chain, cryptocurrencies such as bitcoin have had a difficult time. The price of cryptocurrencies, such as bitcoin, the itai square and the ribo, plunged about 20 percent in trading on the 16th, due to recent regulatory pressures. This week, the price of a major bitcoin exchange fell to just above $10,000, about 40% below its level a month ago.