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First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto

The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.

Updated May 11, 2023, 4:44 p.m. Published Feb 28, 2022, 11:29 p.m.
(Garrett Ewald)
(Garrett Ewald)