Should You Invest In Bitcoin Right Now?
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The CFTC swap product approval marks the first time a U.S. regulatory agency approved a bitcoin financial product. In December 2013, Overstock.com announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People’s Bank of China prohibited Chinese financial institutions from using bitcoins. After the announcement, the value of bitcoins dropped, and Baidu no longer accepted bitcoins for certain services. Buying real-world goods with any virtual currency had been illegal in China since at least 2009. This coming options expiry is significantly more than the previous $4 billion record, set in late January. @fundstratTom […]