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Currencies

Cryptocurrency exchanges reopen for bitcoin business

Fears of a split in the virtual currency subside for now

TOKYO -- Japanese cryptocurrency exchanges resumed bitcoin services on Monday after many shut down the day before to introduce a swifter settlement method, staving off a fork in the virtual currency.

Bitbank, one of Japan's largest such exchanges, restarted bitcoin deposits and withdrawals at 3 p.m. Monday. Bitpoint Japan, a subsidiary of Remixpoint, reopened at 4 p.m., while Zaif and Fisco Cryptocurrency Exchange resumed services during the 3 p.m. hour.

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