Bitcoin News Roundup for Sept. 25, 2020

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

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!

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today's stories:

China State Media Make Rare Reports Calling Crypto 2020's Best Performing Asset

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

Bill Proposes National Crypto Regulatory Framework

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

Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin

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

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.