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Bitcoin

Category - In the News

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In December of 2013, officials in this nation announced that financial institutions were no longer allowed to complete transactions with bitcoins:

Russia.
United States.
China.
Japan.

Explanation

Answer: C - In December of 2013, officials in China announced that financial institutions were no longer allowed to complete transactions with bitcoins. Although Chinese officials did not prohibit citizens from using Bitcoin, the value of a single bitcoin fell substantially.

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