FinTech news in digital asset category

The objective of the partnership is to bring programmable money, or digital money that can be coded to act in a certain way based on predetermined conditions, into the Japanese market, said Digital Asset in a separate statement.

US Securities and Exchange Commission chair Gary Gensler made his concerns clear in an interview with Bloomberg on Tuesday, calling out crypto exchanges for offering multiple services that are often in conflict with one another, such as custody, market-making, and trading. Gensler specifically took aim at the top three largest stablecoins — Binance USD, USD Coin and Tether — saying that it is not a coincidence that they are all closely tied to crypto exchanges.