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State regulators warn consumers about virtual currency
State regulators warn consumers about virtual currency

State officials are warning consumers to pay attention to their e-wallets. Virtual currency such as Bitcoin is becoming more popular but is largely unregulated, and it comes without federally backed insurance. The warning from Maryland's attorney general and financial regulation commissioner reminded consumers and investors to be cautious when dealing with digital and crypto-currency. "It pays to know what’s in your e-Wallet and the many ways your money can disappear if you’re not careful," Attorney General Douglas F. Gansler said in today's announcement with Mark Kaufman, commissioner of financial regulation at...

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