Mar 4, 2016

Japan OKs recognizing virtual currencies as similar to real money

The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money. Under the revised banking bills, bank-holding companies will be able to acquire IT-related ...

Mt. Gox ran out of money six months before going bust

Aug 4, 2015

Mt. Gox ran out of money six months before going bust

Bitcoin exchange Mt. Gox Co. apparently ran out of money six months before it announced in February 2014 that it was filing for bankruptcy after tens of millions of dollars worth of the virtual currency and client funds disappeared, investigative sources said Tuesday. The ...