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Economy

Brexit vote, soft yuan may be spurring flight to bitcoin

Bitcoin is popular among speculators.

TOKYO -- The British vote to exit the European Union seems to have benefited bitcoin amid a stampede out of the pound and the euro, though many see Chinese money accounting for much of the digital currency's rise.

Bitcoin surged Friday morning, Japan time, as the Brexit camp was winning in the referendum, data from the CoinDesk cryptocurrency news website shows.

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