Following the bankruptcy of Mt.Gox, Japan is now about to clarify their view on Bitcoin. The Japanese government doesn’t consider Bitcoin a currency, and this is unlikely to change. But this doesn’t automatically make Bitcoin a commodity either.

According to data from Coinmarketcap, the Icelandic cryptocurrency Auroracoin has now passed Litecoin in market capitalization. This would make it the second most valuable cryptocurrency after Bitcoin, following a massive spike of interest from investors during recent days.