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Fraud Isn’t Among the ‘Real Concerns’ RBC Chief Has With Bitcoin

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Royal Bank of Canada’s David McKay said he has “real concerns” about bitcoin. But unlike JPMorgan Chase & Co.’s Jamie Dimon, fraud isn’t one of them. “I would never call it a fraud because it’s not misrepresenting what it is,” McKay, the lender’s chief executive officer, said Monday in an…

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