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Bitcoin Plummets 18% as SEC Rejects Winklevoss Bitcoin ETF

3/13/2017

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Ed. Note: This article first appeared in Bloomberg Bitcoin’s price plummeted after U.S. regulators rejected a proposal by the Winklevoss twins for a publicly traded fund based on the digital currency, dashing hopes that a government-approved investment vehicle would lead to wider interest in virtual money. The SEC refused to grant an exemption that would


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