Fidelity Investment, one of the largest financial management companies in the United States with over $8.3 trillion of assets under administration, will allow their investors to fund their 401(k) with Bitcoin.
On September 29, 2020, California officials announced that the number of coronavirus cases in Sacramento County had dropped sufficiently over the previous two weeks to categorize the county risk level as “substantial” rather than “widespread.” This new categorization allows for expanded indoor business for certain industries in Sacramento County.
Sacramento County’s previous risk level “widespread,” meant that more than eight percent (8%) of coronavirus tests were positive, and there were more than seven new coronavirus cases per 100,000 people, per day. For county risk to be classified as “substantial,” the positivity rate for coronavirus tests has dropped to between five and eight percent (5 – 8%), and there must be no more than four to seven new coronavirus cases per 100,000 people, per day.
With this news, restaurants in Sacramento County can now open indoors, with modifications. Restaurants must operate at a maximum of 25% capacity or 100 people, whichever is fewer. Wineries may also now operate outdoors only, with modifications. Bars, breweries, and distilleries that do not serve food are currently to remain closed.
For more information, please call our firm at (916) 822-8700 or you may visit covid19.ca.gov/industry-guidance.