Digital currency Bitcoin more than doubled to a record US$900 in less than a week Tuesday, Shanghai Securities News reported. It weighed in US$400 on Nov. 13 from about US$200 in late October and just US$13.50 at the end of last year. China’s Bitcoin market has become the most active in the world by daily transaction volume, the report said. Meanwhile, the United States justice department and financial regulators told a Senate committee Tuesday that Bitcoin is a “legitimate financial service”.
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