Daily Roundup – September 13, 2017

According to CoinDesk, the China’s National Internet Finance Association (NIFA) has say that bitcoin exchanges lack legal foundation. In a statement, NIFA noted that bitcoin has become a conduit for illegal fundraising and money laundering.
According to CoinDesk, the bitcoin price has dropped below $4,000 for the first time in months. The speculation is that this drop could be related to regulatory uncertainty in China or recent comments from JPMorgan Chase CEO Jamie Dimon.
Over on Medium,