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The Financial Times reports exclusively the Commodities Futures and Exchange Commission is studying whether
Another anonymous source said that the regulator is “seriously” examining the issue.
A final decision may hinge on whether traders start creating derivative products from the Bitcoin market, the FT says.
Bitcoin has seen a surge in prices over the past month and a half as some Europeans began looking for alternative ways to conduct transactions around faltering banks. As it's added users, it's also gained a higher profile in the business press.
Bitcoin was trading around $120 today on Japan's Mt. Gox exchange.