Home / CRYPTOCOINS / Bitcoin News Roundup for Sept. 25, 2020

Bitcoin News Roundup for Sept. 25, 2020

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

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

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

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

Check Also

XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms

In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …

Leave a Reply

Your email address will not be published. Required fields are marked *