<Anchor> The fact



that the price fluctuates at a word from someone like this shows that the cryptocurrency market is still unstable. It is also expected that many countries around the world will have an impact on the market in the future.



This is reporter Jeong Sung-jin.



<Reporter>



Bitcoin value, which jumped to 82 million won, has fallen by nearly 40% in a month.



Bitcoin's share of the total cryptocurrency market has also fallen below 40% in three years.



It is an analysis that Elon Musk's intervention in the market is the biggest cause, but the fact that countries around the world are vying for cryptocurrency regulations seems to have been a bad thing.



Financial authorities in the U.S. and Germany have launched an investigation against Binance, the world's largest cryptocurrency exchange, for money laundering and tax evasion.



The European Union has decided to introduce comprehensive regulations on cryptocurrency trading and issuance, and the International Anti-Money Laundering Organization is anticipating the announcement of a cryptocurrency regulation proposal next month.



In Korea, a regulatory bill aimed at punishing unfair behavior such as market manipulation or fake virtual currency was proposed, and the Fair Trade Commission initiated an investigation into the suspicion of the exchange's unfair terms and conditions.



Markets are concerned that the decline in bitcoin price and a sharp decline in the market share could lead to a collapse of confidence in the cryptocurrency market as a whole, reproducing the same crash market in 2018.



As the daily transaction amount exceeds 25 trillion won, which exceeds the KOSPI, it can result in enormous investment damage.



[Park Seong-jun/Director of Dongguk University Blockchain Research Center: There are various social problems when neglected. Guidelines and guidelines must be established so that it can settle as a sound investment market.] The Korean



government has not yet decided on a department to manage and oversee the virtual currency market.



In the event of the virtual currency market bubble burst, it is urgent to prepare measures for a soft landing.



(Video coverage: Kim Hyun-sang, video editing: Lee Seung-yeol)    



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