China bans banks from trading in bitcoin

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The price of bitcoins may be soaring, but China isn't too thrilled with the virtual currency. On Thursday, the nation moved to regulate use of bitcoins, stating that its financial institutions could not deal in the virtual currency.

InfoWorld TechBrief 05 Dec, 2013


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Source: http://images.infoworld.com/t/e-commerce/china-bans-banks-trading-in-bitcoin-232147?source=rss_
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