Japan Says It Is Not Ready to Create a National Bitcoin Reserve
The Japanese government is hesitant to adopt Bitcoin as a reserve currency, with House of Councillors member Satoshi Hamada suggesting they follow the US’s lead.
The Japanese government is hesitant to adopt Bitcoin as a reserve currency, with House of Councillors member Satoshi Hamada suggesting they follow the US’s lead.
MicroStrategy has announced its intention to convene a special shareholder meeting in order to gain approval to issue a large number of new shares.
MicroStrategy yesterday announced that it had purchased an additional 5,262 Bitcoins for approximately $561 million.
Japanese investment firm Metaplanet has made its largest Bitcoin purchase yet, acquiring nearly 620 BTC as the cryptocurrency’s price has dropped below $100,000.
Two cryptocurrency ETFs from Franklin Templeton and Hashdex have been approved by the US Securities and Exchange Commission (SEC).
On Wednesday, a federal judge denied the request for a temporary restraining order against Coinbase by BiT Global, a Hong Kong-based firm.
Mt. Gox has transferred approximately $172.5 million worth of Bitcoin to an unfamiliar wallet shortly after the cryptocurrency reached a record high of $108,000.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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