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.
What exactly is bitcoin good for anyway?
Perhaps it's a payment system. If so, it's inferior to credit cards and grossly overvalued.
A cover story claiming to have uncovered "the face behind bitcoin" spawns a furious controversy over whether or not Newsweek outed the right man.
Who is bitcoin's real creator? The bitcoin community is reacting to that burning question with a collective ho-hum. Developers and bitcoin enthusiasts from Finland to Texas are downplaying the media frenzy that occurred Thursday after Newsweek identified the digital currency's creator as a Japanese-American living ...
Cabinet: Bitcoin is not a currency
Under Japanese law, bitcoins are not recognized as currency and transactions using it should be taxed based on the income, corporate and consumption tax laws, the Cabinet announces.
The man Newsweek claims founded bitcoins denied he had anything to do with the digital currency. In an exclusive two-hour interview with The Associated Press, Dorian Prentice Satoshi Nakamoto, 64, said he had never heard of bitcoins until his son told him he had been ...
