TOKYO/HONG KONG -- After a period of explosive growth, the tide appears to be turning for bitcoin and other cryptocurrencies as financial watchdogs tighten oversight of the digital asset market.
Crackdown creates opportunity for better standards, some say

Bitcoin peaked at $64,289 in April but has recently traded below $30,000. © Reuters
TOKYO/HONG KONG -- After a period of explosive growth, the tide appears to be turning for bitcoin and other cryptocurrencies as financial watchdogs tighten oversight of the digital asset market.