What effect do U.S and U.K regulatory crackdowns have on the bitcoin market?
Why is this the correct answer?
This is correct because U.S. and U.K. regulators have introduced stricter rules and enforcement actions aimed at preventing scams and ensuring firms follow clear standards. For beginners, stronger rules help protect investors from fraud but can increase the cost and complexity of running exchanges, which in turn reduces shady actors and improves overall market trust.
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