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Profiles: NIO NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." However, just two years ago, NIO was almost bankrupt--a common problem in this nascent sector.
MarketsCryptoCrypto Firms Failing to Meet FCA’s Money Laundering RegulationsAn unprecedented number of firms are withdrawing applicationsU.K. watchdog warns about risk of losses in crypto investingByTom Metcalf+FollowJune 3, 2021, 6:52 AM UTCFromFollow us @crypto for our full coverage.The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with the watchdog after struggling to meet its anti-money laundering standards.