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Bitcoin use under scrutiny in Bali amid warnings by central bank over risks

Probe started following Dec 7 ban on use of cryptocurrencies in payment systems: official

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Some locals in Bali said bitcoin was being used mainly by foreigners on the island, which has a large expatriate community.

Kuta, Indonesia

INDONESIAN authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in South-east Asia's biggest economy over the risks posed by virtual currencies, an official said.

The probe...

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