Pedestrians walk past ATM machines (L and R) for digital currency Bitcoin in Hong Kong on December 18, 2017.
/ AFP / Anthony WALLACE
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Germany joined European governments pushing for global bitcoin regulation amid mounting alarm that the world's most popular digital currency is being used by money-launderers, drug traffickers and terrorists. Germany's Finance Ministry said it welcomed a proposal by French Finance Minister Bruno Le Maire to ask his counterparts in the Group of 20 to consider joint regulation of bitcoin. The concerns are shared by the Italian government, which is also open to discussing regulation, while the European Union is bringing in rules backed by the U.K. that would apply to bitcoin.introduced similar derivatives on the volatile cryptocurrency that was created in the wake of the 2008 financial crisis as an alternative to banks and government-issued currencies. Bitcoin was closing in on a fresh record of $20,000 Monday.Two Nobel economics laureates denounced Bitcoin last month.
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