As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk’s Markets Daily is back with another bitcoin news roundup.

This episode is sponsored by Bitstamp and Ciphertrace.

Today’s Stories:

Bitcoin Still Up 27% This Year Despite Dismal June Performance

Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.

Reserve Bank of Zimbabwe on Twitter: “Press Statement on the Suspension of Monetary Transactions on Phone Based Mobile Money Platforms… “

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday’s Senate Banking hearing on the digitization of money.

NYT: India Bans TikTok and Dozens of Other Chinese Apps