A Japanese tax on Bitcoin could mean that it’s no longer viewed as a currency, but a commodity.
Law enforcement officials boosted Bitcoin’s legitimacy, testifying in the US Senate that existing regulations are enough to control those who misuse the currency. Meanwhile, Bitcoin shot up to new record highs (though some worry of a short squeeze).
There is a lot riding on Facebook Credits. But for established media companies, the mandatory use of the in-app Payments system could be less than appealing. Will the company be able to become a major distributor of paid premium content? It depends if it wants to.