TODAY: Coinbase CEO Brian Armstrong warns that money can be seized or devalued in many countries. "Crypto matters because it gives people the opportunity to escape these situations and truly own their money."

DATA: BINANCE BITCOIN RESERVES FALL BY OVER 8,000 BTC @Binance has released its latest Proof of Reserves update. User Bitcoin $BTC balances now total roughly 631K BTC. That represents a 1.25% decrease month over month. About 8,004 BTC were reduced from the previous snapshot.