[2016-05-26] BS: Japan regulates virtual currency after Bitcoin scandal

[polynesia]

Japan regulates virtual currency after Bitcoin scandal

http://www.business-standard.com/article/pti-stories/japan-regulates-virtual-currency-after-bitcoin-scandal-116052600929_1.html

Japan has passed a law regulating virtual currency, after the country found itself at the epicentre of a multi-million dollar embezzlement scandal following the spectacular collapse of the Tokyo-based MtGox Bitcoin exchange.

Once one of the largest, most established exchanges for the cryptocurrency, MtGox collapsed in 2014 after a suspected theft worth nearly half a billion dollars, which hammered the digital currency's reputation.

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[mynameisdon]

i think this post is not suitable here.because this is no longer related to indian culture, market,politics, economy.
i request you to move this topic either on off topic or in this other location section-
https://bitcointalk.org/index.php?board=11.0

[btvGainer]

i think this post is not suitable here.because this is no longer related to indian culture, market,politics, economy.
i request you to move this topic either on off topic or in this other location section-
https://bitcointalk.org/index.php?board=11.0

Yes this is also one of those post that should not belong to Indian section for the content of this thread is not related to India

[polynesia]

This has been covered by other media houses as well.

http://gadgets.ndtv.com/internet/news/japan-regulates-virtual-currency-after-bitcoin-scandal-842010
http://timesofindia.indiatimes.com/business/international-business/Japan-regulates-virtual-currency-after-Bitcoin-scandal/articleshow/52447356.cms