Microsoft planning Xbox One external hard drive support
-
Release time:2014-03-06
-
Browse:6021
-
The Japanese government is this week expected to set guidelines for transactions with bitcoin in the wake of the closure of Tokyo-based bitcoin exchange MtGox, according to the Nikkei newspaper, with the cabinet deciding on Friday how to treat digital currencies under existing laws.The package of measures to be announced on Friday could include taxes on trading in and purchases of the self-styled crypto-currency, together with bans on banks and securities houses getting involved in bitcoin-related businesses, the financial newspaper said.Signup for Alerts on bitcoinReceive free, real-time email Alerts with breaking news and commentary on bitcoinThe rules being considered by the Japanese government are seemingly predicated on the definition of bitcoin as a commodity rather than a currency, which would make the cryptographic mechanism subject to supervision by the trade rather than the finance ministry or the Bank of Japan.Although Friday’s release isn’t expected to set out a clear framework for regulating bitcoin, officials close to the action told Nikkei that the government certainly plans to tax transactions associated with the crypto-currency.Karl-Friedrich Lenz, a professor at Aoyama Gakuin University in Tokyo, yesterday opined on his blog that if banks and securities firms in Japan were banned from doing business with bitcoin, consumers would be “stuck with illegal shadow banks like MtGox, and their risk will be much higher as a result”.It’s apparent that the Japanese government has taken a very dim view of the MtGox collapse in its midst. Finance minister Taro Aso yesterday said that the government was still trying to understand the demise of MtGox - once the world's once largest bitcoin exchange - and how the Tokyo-based marketplace could have lost nearly half a billion dollars’ worth of bitcoins.MtGox filed for bankruptcy protection in Japan on Friday, saying it may have lost some 850,000 bitcoins due to hacking into its lax computer system security.Elsewhere in planet bitcoin, Flexcoin – a Canadian bitcoin bank - has been forced to shut down after hackers on 2 March stole all coins in the company’s hot wallet, totalling 896 units.Right now, the BTC/USD exchange is going at around $658.95, according to CoinDesk’s Bitcoin Price Index, valuing Flexcoin’s lost holdings at about $590,419.HOT NEWS!!Register .cn now,u can get:Free Web Site & E-mailFree Email accounts and a Web spaceFREE Email and URL forwardingFREE DNS records managementdetails welcome to www.eranet.com/domain/dotcnlist.netAlso ecshop can offer you much surprise, welcome to have a look!.cn.com $1.99.pw $1.99.com $9.99.cn $17.96Eranet International Ltd.www.eranet.com www.tnet.hkSkype: Partner EranetEmail:support@tnet.hkMSN:cs@eranet.comTel:852-39995400WhatsApp: (852) 96008286
Search