Business Jul 16, 2014

Chinese bitcoin firm joins Atlas ATS in bid for Mt. Gox assets

BitOcean, a Chinese bitcoin startup, joined with New York-based exchange platform Atlas ATS Inc. to bid for the assets of Mt. Gox, the exchange platform that filed for bankruptcy in Japan earlier this year. BitOcean and Atlas will invest $1 million worth of bitcoins to ...

Business Jun 18, 2014

Mt. Gox gets bankruptcy OK

Mt. Gox Co., once the world's largest bitcoin exchange, won approval of its U.S. bankruptcy filing, giving a boost to the Japanese investigation into the disappearance of 650,000 units of the digital currency. U.S. Bankruptcy Judge Stacey G. Jernigan said Tuesday in Dallas she has ...

U.S. court can't reach Mt. Gox's Karpeles: lawyer

Business / Corporate Apr 8, 2014

U.S. court can't reach Mt. Gox's Karpeles: lawyer

Mt. Gox Co. principal Mark Karpeles is beyond the reach of a U.S. court where he and the bankrupt bitcoin exchange are being sued for consumer fraud by two American depositors, his attorney told a federal judge. Karpeles and Tibanne KK, another of his firms ...

Cabinet to mull bitcoin regulation 'if necessary'

Business Mar 18, 2014

Cabinet to mull bitcoin regulation 'if necessary'

The Abe administration decided Tuesday to consider taking steps to regulate bitcoin trading, if necessary, after obtaining more information about the digital currency. But the Cabinet of Prime Minister Shinzo Abe did not say whether it will immediately seek a legal system to regulate bitcoins, ...