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  • September 20, 2014
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Results 1 - 10 of 17 for bitcoin

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  1. News - Asia - FINANCE

    Mt. Gox bitcoin exchange to liquidate after bankruptcy protection rejected

    Posted Apr 17th 2014, 01:24am by AFP

    ... Associated Press in Tokyo Mt. Gox bitcoin exchange set to liquidate The Mt. Gox bitcoin exchange in Tokyo is heading for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said yesterday the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would not be able to resurrect itself ...

  2. Business - Banking & Finance - FINANCE

    US slaps tax on bitcoin as IRS deems it to be 'property'

    Posted Mar 27th 2014, 01:21am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com HK urged to take firm position on bitcoin tax Hong Kong should have a clear stance on regulating the bitcoin virtual currency and whether it should ... to determine if a transaction caused a foreign currency gain or loss under US tax law. On the same day, Denmark announced that gains or losses from bitcoin trading were not subject to taxation. Watch: ...

  3. News - World - FINANCE

    Alleged bitcoin founder Dorian Nakamoto hires lawyer to clear name

    Posted Mar 18th 2014, 09:07pm by AP

    ... Associated Press in Los Angeles Engineer hires lawyer to bolster his denial of magazine claim that he invented digital currency Man fingered as bitcoin founder seeks legal help The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial that he has ever had anything to do with the digital currency. Dorian Satoshi ...

  4. News - World - FINANCE

    850,000 bitcoins lost as Mt Gox exchange files for bankruptcy

    Posted Feb 28th 2014, 07:04pm by Danny Lee and Agencies

    ... executive Mark Karpeles apologises for collapse of company Troubled bitcoin business Mt Gox yesterday filed for bankruptcy, ending days of speculation about the Tokyo-based company's dire ... by foreigners, had lost 750,000 of its users' bitcoins and 100,000 of its own. At the current bitcoin price of about US$565, that would total some US$476 million. Just hours before the bankruptcy ...

  5. News - World - FINANCE

    US federal prosecutor investigating failed bitcoin exchange Mt Gox

    Posted Feb 27th 2014, 11:30pm by BLOOM

    ... Bloomberg in Washington US prosecutor probes failed bitcoin exchange Manhattan federal prosecutor Preet Bharara has sent subpoenas to Mt Gox, other bitcoin exchanges, and businesses ... to the shutdown of Tokyo bitcoin exchange Mt Gox. Mt Gox, which had the largest market share of all digital-currency exchanges as recently as last April, went offline on Wednesday after halting customer ...

  6. News - World - FINANCE

    Customers turn to paper to secure their bitcoin funds

    Posted Feb 28th 2014, 11:21pm by DANNY LEE

    ... Danny Lee and Reuters danny.lee@scmp.com Customers turn to paper to secure virtual funds Don't bet on bitcoin exchanges to keep your money safe, investors and fans of the troubled ... Tokyo exchange lost bitcoins worth millions of dollars when it fell victim to cybercriminals. The digital heist has triggered an investigation in Japan, and has left fans of the online currency ...

  7. Business - Banking & Finance - FINANCE

    Bitcoin exchange Mt Gox faces questions over US$350m theft

    Posted Feb 25th 2014, 11:56pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Mt Gox goes offline amid bankruptcy rumours after huge theft of customers' digital currency, 'which went unnoticed for several years' Bitcoin exchange loses US$350 m The once dominant virtual currency exchange Mt Gox, now a shadow of its former self, was keeping silent over the theft and mismanagement of US$350 million worth of bitcoins ...

  8. Business - Banking & Finance - FINANCE

    Bitcoin promoter charged in US with conspiracy to launder money

    Posted Jan 28th 2014, 01:54am by Reuters

    ... Reuters in New York Charge against leader of trade group promoting currency alleges he helped exchange operator transfer cash to online drugs bazaar Silk Road Bitcoin champion accused of plot to launder money The vice-chairman of the Bitcoin Foundation, a trade group promoting the adoption of the digital currency, has been charged by US prosecutors with conspiring to commit ...

  9. Business - China Business - FINANCE

    Chinese players quit volatile bitcoin market after government steps in

    Posted Dec 19th 2013, 11:51pm by DANNY LEE

    ... Danny Lee, Jane Cai and Adrian Wan Mainland players quit bitcoin market Beijing's crackdown on virtual currencies has led to an exodus of investors and enthusiasts who fear financial ruin. A number of bitcoin buyers, retailers and entrepreneurs have withdrawn from the digital currency after back-to-back demands by the People's Bank of China (PBOC), which triggered a run ...

  10. News - Hong Kong - FINANCE

    ‘Better to gamble in Macau’: Hong Kong business students deem bitcoin too risky

    Posted Dec 20th 2013, 10:32am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Business whizz kids not buying bitcoin Students at a private business college say they will not invest in bitcoin because the future of the digital currency is still unclear. "The currency is not regulated," said Jimmy Hui Yuk-ming, a final-year business administration student at Hang Seng Management College. "Some say bitcoin ...




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