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Bitcoin News Roundup for Sept. 25, 2020

Bitcoin News Roundup for Sept. 25, 2020

With bitcoin’s best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today’s stories:

Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year’s top performing investment.

The Digital Commodity Exchange Act would bring crypto exchanges into a single federal framework, overseen by the Commodity Futures Trading Commission.

The draft bill would define bitcoin and other cryptos as “currency” instead of an “asset” for tax purposes. 

For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

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