[Photo Source: Bloomberg]
Japan’s Fisco Ltd. is experimenting with selling bonds denominated in bitcoins, figuring that the digital currency will eventually become a legally recognized financial asset in Japan and help boost its business.
A unit of the Tokyo-based financial information provider issued three-year debt worth 200 bitcoins to another firm in the Fisco group on Aug. 10, in what likely is the first such deal in Japan, according to Masayuki Tashiro, the company’s chief product officer. Read more by clicking here: Bloomberg
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