Bitcoin fever hits U.S. real estate market

/ Jan 15, 2018

Bitcoin fever hits U.S. real estate market

Bitcoin fever has hit the U.S. real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and U.S. economic sanctions. As of the end of last year, the digital currency was listed as a way to pay ...

South Korea's plans to ban cryptocurrency trading rattles market

Jan 11, 2018

South Korea's plans to ban cryptocurrency trading rattles market

The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a ...

Japan's new cryptocurrency crooners sing the bitcoin beats

Jan 10, 2018

Japan's new cryptocurrency crooners sing the bitcoin beats

Move over AKB48: Japan has a new all-girl idol band — the Virtual Currency Girls — on a mission to educate the public about bitcoin and other cryptocurrencies. Each of the eight girls in the band, known in Japanese as Kasotsuka Shojo, plays a character ...

The top business news stories of 2017

Dec 27, 2017

The top business news stories of 2017

The Japan Times newsroom selected these economy and technology stories as the most important of 2017. 1. Morass of data scandals: Kobe Steel Ltd., Mitsubishi Materials Corp. and Toray Industries Inc. were all swept up in data falsification scandals, damaging Japan's reputation for high-quality production. In ...

Dec 26, 2017

Cryptocurrency's worrying boom

Virtual currencies have assumed a new prominence in business and finance, raising important questions about their role, viability and regulation. As the largest trading market for bitcoin, Japan can play an important role in answering these questions.