Business

Crypto a 'flawed system': BIS

The Bank for International Settlements (BIS) said Tuesday that decentralized cryptocurrencies are a "flawed system" and instead supported the development of a centralized alternative.

Business

US clampdown has crypto kings looking abroad

After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business overseas.

Business

UK clamps down on cryptocurrency sector

Britain's financial regulator on Thursday tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers.

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