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Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019


Angry investors demand Bitcoin answers from MtGox

TOKYO, JAPAN: Bitcoin investors voiced their anger after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions.

24 Jul 2014


Japan's Line messaging app worth $9.8bn ahead of listing

TOKYO, JAPAN: A smartphone messaging app set up in the aftermath of Japan's 2011 quake-tsunami disaster has applied to list on the Tokyo stock exchange, in an offering that could be worth more than $9.8bn.

16 Jul 2014


MtGox bust, placed under administration

TOKYO, JAPAN - Failed Bitcoin exchange MtGox was has been placed in administration by a Japanese court, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said.

17 Apr 2014


MtGox faced 150,000 attacks per second says report

TOKYO, JAPAN: Bitcoin exchange MtGox faced a huge hacker offensive last month, coming under some 150,000 denial-of-service attacks per second for several days ahead of its spectacular failure, a report said over the weekend.

11 Mar 2014


Japan eyes Bitcoin regulations, taxes

TOKYO, JAPAN: Japan may slap regulations on Bitcoin including taxing transactions, a report said on Wednesday, 5 March, as the global digital currency suffered another alleged theft that cast doubt on its reliability.

6 Mar 2014


Japan probing bitcoin exchange after huge reported theft

TOKYO, JAPAN: Japanese authorities were on Wednesday, 26 February, probing the troubled MtGox bitcoin exchange after claims of a multi-million dollar theft from its digital vaults, as US prosecutors reportedly served a subpoena on the company.

27 Feb 2014


Bitcoin website vanishes amid huge theft claim

TOKYO, JAPAN: The website of Tokyo-based bitcoin exchange MtGox went down amid reports of a theft worth hundreds of millions of dollars of the virtual currency. The reports have dealt a blow to the currency's credibility.

26 Feb 2014