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Old 05-21-2016, 05:03 AM   #3
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Join Date: May 2016
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The Japanese government is gearing up to regulate bitcoin activity more actively in the wake of the collapse of bitcoin exchange Mt Gox.

Nikkei reported earlier today that members of a select panel within the country's Financial Services Agency – its top finance regulator – are looking to draft a regulatory framework for bitcoin-related businesses.

The government has indicated in the past that it intends to seek greater oversight over bitcoin businesses in response to the bankruptcy of Mt Gox. CEO Mark Karpeles has faced multiple arrests this year, bringing new attention to the 2014 collapse of the Japan-based company.
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