Aug 02 (NHK) - A popular virtual currency, Bitcoin, is expected to be divided in two, creating a brand new "clone" currency.
The result will likely be a new currency called "Bitcoin Cash."
The move comes as exchanges are divided on how to deal with the rapidly growing number of users. Pressure on the system has caused problems such as transactions taking more time.
Some Japanese exchanges have already suspended withdrawing to avoid confusion.
Japanese Bitcoin exchanges have different plans for what to do after the split. One says it needs to focus on its users.
Some exchanges plan to provide customers with the same number of new coins as their current holdings.
Source: ANNnewsCH
