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RE: Bitcoin just tanked below $10,000 after SEC says crypto exchanges must register with agency The SEC said in a statement
Governments all over the world are trying desperately to control cryptocurrencies as they always think it as a medium which can challenge their monopoly on economic matters. Government controlled money (fiat currencies) are meant to serve the powerful, elite, super rich people. They would never like to loose control over the masses. However, there are lots of scams happening in the name of ICOs and cryptocurrencies. These scams and fraudulent acts will give the governments to take the matters in their hand and subsequently crush the system which challenges them.