Mtgox

Japanese lawmakers passed a bill on Wednesday stipulating that all "virtual currency" exchanges must be regulated by the country's Financial Services Agency.

The head of collapsed Bitcoin exchange MtGox is facing fresh embezzlement charges today, as Japanese media said some of the allegedly stolen funds were spent on prostitutes.

Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations led to its spectacular collapse and hammered the digital currency's reputation.

Defense lawyers for Ross Ulbricht, the alleged mastermind of online criminal enterprise Silk Road, sought to convince New York jurors on Thursday that the wrong man was in the dock.

Mt. Gox is awaiting approval of a settlement with U.S. customers and a sale of its business.

The Wall Street Journal on Wednesday said the holding company was looking to sell the trademark to the word Bitcoin in the hopes of raising some cash.

Bitcoins were notably used by dealers on the underground Silk Road website, where law officials say buyers could use it to purchase drugs.

Reasons for the decision are the complexity of the procedures involved, including the difficulty of holding meetings with creditors spread around the world.

Mt. Gox, a leading bitcoin exchange that late last month filed for bankruptcy protection, updated its website on Tuesday to allow customers to log in and verify their wallet, or account, balance.

The troubled Bitcoin exchange MtGox filed for protection under US bankruptcy law on Monday, 10 days after doing the same in Japan after a huge loss of the digital currency, a court document showed

According to a report on Sunday, MtGox faced the majority of its attacks around 7 February 2014.

Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

Japan is looking at ways to tax Bitcoin transactions, a report said today, in the wake of the spectacular failure of the Tokyo-based MtGox exchange after a half-billion-dollar theft.

Japan is looking at ways to tax Bitcoin transactions, a report said on Tuesday, in the wake of the spectacular failure of the Tokyo-based MtGox exchange after a half-billion-dollar theft.

The helpline will be aimed at servicing "all inquiries to MtGox", the Tokyo-based firm said on its website.

Japanese lawmakers passed a bill on Wednesday stipulating that all "virtual currency" exchanges must be regulated by the country's Financial Services Agency.

The head of collapsed Bitcoin exchange MtGox is facing fresh embezzlement charges today, as Japanese media said some of the allegedly stolen funds were spent on prostitutes.

Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations led to its spectacular collapse and hammered the digital currency's reputation.

Defense lawyers for Ross Ulbricht, the alleged mastermind of online criminal enterprise Silk Road, sought to convince New York jurors on Thursday that the wrong man was in the dock.

Mt. Gox is awaiting approval of a settlement with U.S. customers and a sale of its business.

The Wall Street Journal on Wednesday said the holding company was looking to sell the trademark to the word Bitcoin in the hopes of raising some cash.

Bitcoins were notably used by dealers on the underground Silk Road website, where law officials say buyers could use it to purchase drugs.

Reasons for the decision are the complexity of the procedures involved, including the difficulty of holding meetings with creditors spread around the world.

Mt. Gox, a leading bitcoin exchange that late last month filed for bankruptcy protection, updated its website on Tuesday to allow customers to log in and verify their wallet, or account, balance.

The troubled Bitcoin exchange MtGox filed for protection under US bankruptcy law on Monday, 10 days after doing the same in Japan after a huge loss of the digital currency, a court document showed

According to a report on Sunday, MtGox faced the majority of its attacks around 7 February 2014.

Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

Japan is looking at ways to tax Bitcoin transactions, a report said today, in the wake of the spectacular failure of the Tokyo-based MtGox exchange after a half-billion-dollar theft.

Japan is looking at ways to tax Bitcoin transactions, a report said on Tuesday, in the wake of the spectacular failure of the Tokyo-based MtGox exchange after a half-billion-dollar theft.

The helpline will be aimed at servicing "all inquiries to MtGox", the Tokyo-based firm said on its website.