Bitcoin News Roundup for July 14, 2020

With Tax-day approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on todays show!

This episode is sponsored by Bitstamp and Crypto.com.

Today's Stories:

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.

IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: Watchdog

Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights.

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.