Japan’s BitFlyer Raises $1.6 Million for Bitcoin Exchange Expansion

Japan’s BitFlyer Raises $1.6 Million for Bitcoin Exchange Expansion

A former Goldman Sachs employee has raised $1.6m in funding to power a new Japan-based bitcoin exchange, according to Bloomberg Businessweek

Australian Lawyers, Bitcoin Groups Call for Clarity on Regulation

Lawyers and bitcoin groups in Australia are joining those in other countries in calling for greater clarity on bitcoin regulation, allowing clearer direction for both businesses and consumers on how to conduct their affairs in a digital currency economy.

Japanese Retail Giant Rakuten Hints at Bitcoin Acceptance

The CEO of Japanese e-commerce giant Rakuten, Hiroshi Mikitani, has announced in a speech that his company will probably accept bitcoin “sooner or later”, according to a report.

Japan Bitcoin Exchange Aims to Fill Mt. Gox Market Void

A consortium of Chinese and American bitcoin businesses has announced a plan to start a new Japan-based exchange, and is seeking to acquire Mt. Gox and its remaining assets as a means to bolster the new offering.

Government-Backed Bitcoin Industry Association to Launch in Japan

Japan has formed a new advocacy group for bitcoin businesses and, notably, it has the explicit backing of the nation’s government.