Bitcoin Information Roundup for Aug. 31, 2020

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Bitcoin Information Roundup for Aug. 31, 2020

With bitcoin nonetheless lagging behind U.S shares and extra tax steerage within the U.S., CoinDesk’s Markets Each day is again on your newest cryp


With bitcoin nonetheless lagging behind U.S shares and extra tax steerage within the U.S., CoinDesk’s Markets Each day is again on your newest crypto information roundup!

Whereas bitcoin is eyeing an August acquire for the primary time in three years, the cryptocurrency continues to be lagging U.S. shares over the month. 

China Building Financial institution had quietly opened up the pockets service of China’s digital yuan to public customers – however has now disabled it shortly after the characteristic gained huge consideration.

Chairman Powell’s speech on Thursday highlighted how a lot the Federal Reserve’s position is altering, and that’s a chance for the crypto business.

The U.S. tax division has offered steerage round crypto income earned from microtasks through crowdsourcing platforms and, sure, such earnings is taxable.



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