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Brazil's market regulator bars investment in crypto currencies

Retrieved on: 2018-01-12 05:00:00

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<div>BRASILIA, Jan. 12 (Xinhua) -- Brazil's Securities and Exchange Commission (CVM) on Friday instructed investment fund managers not to invest in bitcoin or other crypto currencies. The CVM issued guidelines saying the jury was still out on the validity of the <b>virtual currency</b>, leading it to ban investments.</div>

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