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Bitcoin breaches US$2,000, outperforming gold by wide margin

The price has soared by 377 per cent in the past twelve months, dealers report

IMF states that virtual currencies pose considerable risks as potential vehicles for money laundering, terrorist financing, tax evasion and fraud.


BITCOIN has broken through the US$2,000 barrier as growing numbers of individuals and speculators are buying the virtual, digital currency as a safe haven.

So much so, that Bitcoin, priced at US$2,004 on Saturday, has outperformed gold by a wide margin and now exceeds the...

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