With bitcoin down amid broader market turmoil, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's stories: Bitcoin Down as Stocks Fall Over European Coronavirus Fears Bitcoin is dropping alongside stocks as soaring cases of COVID-19 threaten economic activity in Europe.China Sees Advantages in Being First on New Digital Currency 'Battlefield'The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)Kraken Shows How Crypto Companies and Banks Are Evolving Together Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.