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!

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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. 

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