Japan’s Rakuten in Talks to Buy Assets of Bitcoin Startup Bitnet

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Bitcoin payments-processing startup Bitnet Technologies Ltd. is in a routine of offered a intellectual-property resources to Rakuten Inc., according to a memo associated to a understanding seen by The Wall Street Journal. The intensity understanding hasn’t been completed.

John McDonnell, arch executive and co-founder of Bitnet, declined to comment. Rakuten member declined to comment.

Rakuten, a publicly traded Japanese e-commerce…

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