Wall Street Journal and DowJones Newswire about Cryptocurrencies by Ali Amirliravi CEO at Silk Road Coin

18 Feb 2020 11:15 GMT DJ Cryptocurrencies Get Boost From Coronavirus — Market Talk

1114 GMT – Cryptocurrencies are getting a boost from China’s coronavirus outbreak as investors focus on online transactions to avoid direct contacts, says Ali Amirliravi, chief executive of the China-focused SilkRoadCoin cryptocurrency. He notes that the value of cash invested in cryptocurrencies reached a record high of $300 billion the past week. With the coronavirus, “one of the solutions is digitalization. People don’t want to go to the bank and use paper money,” he says. (benoit.faucon@wsj.com)

(END) Dow Jones Newswires

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