Beijing banned banks and payment firms from providing services related to crypto-currency transactions.It also warned investors against speculative crypto trading on Tuesday. It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% at $38,131. Meanwhile, other digital currencies such as Ether, which acts as the fuel for the Ethereum blockchain network, and Dogecoin lost as much as 22% and 24% respectively. Read more at https://www.bbc.co.uk/news/business-57169726
Tax
Taxpayers paid a record £9.9bn on capital gains tax in 2019-20
Despite this bigger bill, the number of people who had to pay capital gains tax (CGT) has continued to fall. Last year 265,000 taxpayers paid CGT, down from 276,000 in