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Jorge has heard a lot about the benefits of cryptocurrencies from his friends and family and decides to purchase Bitcoin. Which of the following is

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Jorge has heard a lot about the benefits of cryptocurrencies from his friends and family and decides to purchase Bitcoin. Which of the following is TRUE? O He must ensure that the Bitcoin is not material to his net worth. His Bitcoin purchase is not considered a reportable investment in KICS because it is equivalent to cash. He must consult with his EIP prior to the purchase He must report the Bitcoin in KICS

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