It’s time to treat Bitcoin ransom as stolen goods

Author: William "Bud" Roth

Categories: Cyber beat, Sasakawa USA Blog

There has been a lot of legal debate about whether Bitcoin is a currency, a security, or a commodity. That judgement will ultimately determine whether Bitcoins used to pay ransom are treated as stolen money (fungible) or stolen goods (reclaimable). Law enforcement should treat Bitcoin as a commodity and, in doing so, the victims of ransomware who pay would have recourse against all future owners of the ransomed Bitcoins to reclaim them.

Tags: , , , , , , , , , , , , , , , , , , , ,

Japan Forfeits 30 Years to the Gyrations of the Yen

Author: Tsuchiya Hideo

Categories: In-Depth with Nippon.com

What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Reading Between the Lines of Abenomics 2.0

Author: Hayakawa Hideo

Categories: In-Depth with Nippon.com

Prime Minister Abe’s announcement of three new arrows to guide stage two of Abenomics took the nation by surprise. It signals a recognition that the first three arrows are not working, writes former BOJ Executive Director Hayakawa Hideo, and forebodes a major shift in monetary policy.

Tags: , , , , , , , , , , , , , , , , , , , , , , ,