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Nations consider ways to regulate virtual currency

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Authorities around the world are grappling with how to regulate virtual currency in the wake of the implosion of Mt. Gox, a prominent trading platform for Bitcoin.

In Tokyo, where Mt. Gox is based, Japan’s top government spokesman, Yoshihide Suga, said Wednesday that agencies including the Financial Services Agency, the Finance Ministry and the police were collecting information on the Bitcoin trade in Japan, with an eye toward regulatory action.

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