Lot of regulations apply for crypto these days.some countries ban exchanges and also TAX applying for them.And some countries ban ICOs.one of the major social media facebook stop all crypto ads.seems like crypto going to end day by day.market is falling too.what are your ideas about this?
Regulations typically don't affect prices drastically, unless they're just outright bad. There hasn't been any major movements when the IRS cracked down on Coinbase either.
Facebook's decision is an internal cleansing that is meant to ban financial products and services frequently associated with misleading or deceptive promotional practices. If you've seen crypto ads at all on Facebook, you'll see they largely fall under this umbrella. Facebook has recognized its impact in the world, and it hasn't been pretty. If this works, you'll see less ICO scams around.
The market-wide drop could be attributed to this:
https://finance.yahoo.com/news/apos-why-bitcoin-ethereum-ripple-202800064.htmlSo yeah...it's just another day in crypto. I wouldn't declare it dead just yet.