Crypto Update 8/20/21 | The Fate of Bitcoin ATMs and Adoption

With crypto markets regaining confidence, jumping back into the green, and a look at Puerto Rico's experiment with bitcoin ATMs, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Tech sell-off pushes Hong Kong stocks into bear market 

Stocks Extend Losses; Hang Seng Enters Bear Market: Markets Wrap

Dow on Track to Erase August’s Gains as Futures Slide 

For bank regulators, tech giants are now too big to fail

‘Paw Patrol’ unleashed: Behind ViacomCBS’s plan to take on Disney 

Facebook Hit With New Antitrust Suit From Federal Trade Commission 

Amazon Plans to Open Large Retail Locations Akin to Department Stores - WSJ

Quirks in a U.S. Treaty With Malta Turn Into a Tax Play

35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption

Blackrock Has Almost $400M Invested in Bitcoin Mining Stocks.

Compass Mining Says Chase Shut Down Bank Accounts Without Warning

Wells Fargo Launches Passive Bitcoin Fund for Rich Clients

Visa Adds Crypto Payments Startup Wyre to Its Fast Track Payments Program

Binance Tightens Customer Verification Requirements

A16z Leads $4.6M Investment in Yield Guild Games

Featured Story: Bitcoin ATMs and the Road to Adoption | Daniel Kuhn

This episode was edited & produced by Adrian Blust. 

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Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

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Celo is a mobile-first platform making financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports more than 1000 projects from builders, developers, and even artists, who everyday create new applications and issue digital currencies from over 100 countries around the world. To learn more visit Celo.org today.