Binance CEO: Gov’t Bans Only Make Citizens Want Crypto More, Justin Sun Denies Money Laundering Accusations, & Other News
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by Cointelegraph
Binance CEO: Gov't Bans Only Make Citizens Want Crypto More The CEO of top cryptocurrency exchange Binance has said President Trump's crypto-related tweets can only be a good thing for the industry, explaining that "cryptocurrency will survive regardless of any one country. Most countries that try to ban Bitcoin cause their citizens to want cryptocurrency more."
Tron Price Plunges as Justin Sun Denies Money Laundering Accusations Tron founder and CEO Justin Sun denied illegal fundraising, porn transaction facilitation, gambling and money laundering accusations in a post on a Chinese social media platform, Weibo, declaring, "We understand the concerns over the development of blockchain technology, and we are willing to open up and communicate to jointly promote the development of blockchain technology in China."
Venezuela Sets New Bitcoin Volume Record Thanks to 10,000,000% Inflation Venezuelans traded more bolivars for Bitcoin than ever before last week, but the statistics say more about fiat than cryptocurrency. The 57-billion-bolivar figure for last week equated to just 574 BTC — considerably less than in some previous weeks earlier this year.
Bakkt Begins Testing Bitcoin Futures Platform Following Hype and Delays Bakkt, the long-awaited Bitcoin futures platform from the Intercontinental Exchange, has begun testing the delivery of BTC futures, according to an official tweet. Bakkt COO Adam White has said before that the introduction of Bitcoin futures will help usher in more institutional participation in cryptocurrency markets.
TD Ameritrade CEO: There's 'Heightened Interest Again' With Bitcoin United States brokerage giant TD Ameritrade CEO Tim Hockey says that customers are showing increasing demand for cryptocurrencies and willingness to trade it, adding, "especially given the discussions around Libra and the rebound in Bitcoin, there's heightened interest again."
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Quote of the day
"Trump so far has not done anything positive or negative, he's just said he's not a fan. The fact that he tweeted about it, and the president of the United States is talking about cryptocurrency, it's a good thing."
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