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Bitcoin News Roundup for Oct. 21, 2020

With BTC's breakout and the latest on PayPal's big play, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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With BTC's breakout and the latest on PayPal's big play, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

Today's stories:

Bitcoin's price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally.

The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos.

The Bahamas has officially launched the world's first national digital currency, the sand dollar.

Mode said it's the first U.K.-listed firm to invest in bitcoin as part of its treasury management strategy.