China's Bet on Bitcoin: Popularity Brings Risk

China's Bet on Bitcoin: Popularity Brings Risk Play

Dec. 10 (Bloomberg) –- The virtual currency, Bitcoin, is on a rocky ride. Demand in China gave the digital money a boost, but prices plunged after People's Bank of China declared it risky and said it's not a real currency. Some investors, though, remain keen. (Source: Bloomberg)

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