Bitcoin News Roundup for July 14, 2020

With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!

By Adam B. Levine, Lyllah Ledesma

Jul 14, 2020 at 4:00 p.m. UTC

Updated Sep 14, 2021 at 9:30 a.m. UTC

Adam B. Levine

Lyllah Ledesma

With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!

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 Bitstamp and Crypto.com.

Today's Bitcoin News:

Bitcoin Volatility Metrics Are Like November 2018 All Over Again

Bitcoin is locked in a low-volatility squeeze similar to one seen ahead of a 40% price crash in November 2018. This time may be different.

Even the IRS Admits Some Crypto Tax Regulations Are 'Not Ideal'

Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.

Crypto and Taxes 2020: Wednesday is this year's deadline for Americans to file their tax returns, and cryptocurrency users' obligations are as confusing as ever. This series of articles explores the complex issues facing digital asset investors.Read more:IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: Watchdog Crypto Taxes: Still Confused After All These Years Hodlers Can Donate Crypto to Charity to Minimize Tax PaymentsView on Flipboard

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

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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