Tsutomu Okubo, now a member of the Japanese parliament and a former banker at Morgan Stanley, told Ars that he had begun discussing new bitcoin-related regulation with the Financial Services Agency, the Ministry of Finance, and the Bank of Japan a year ago.
"However, their response is that Bitcoin is neither currency nor regulated settlement in Japan," he said by e-mail. "Regarding exchanges like MtGox there is no regulation now."
The Shadow Brokers, a previously unknown hacker group, has announced that it has stolen a trove of ready-to-use cyber weapons from The Equation Group (previously), an advanced cyberweapons dealer believed to be operating on behalf of, or within, the NSA.
Arriving in my inbox at a steady clip this morning: a series of phishing emails aimed at Bitcoiners, promising that the sender has found a bug in “the Bitcoin client” and promising “Pay 0.07 BTC today, get 10 BTC for 15 hours.”
Craig Wright’s latest effort to prove himself the creator of bitcoin ended in farce, but some commentators are tired of the whole saga, saying that it doesn’t matter who invented Bitcoin because its decentralized nature renders the creator irrelevant. Adrian Chen disagrees: “the idea that Nakamoto’s identity is irrelevant is wishful thinking.” Most obviously, Nakamoto’s […]
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