New York-based Digital Asset to help Japan’s financial giant SBI develop ‘smart yen’

SBI Holdings, a Japanese securities and banking giant that launched a crypto-asset fund for retail investors last year, has been actively investing in the infrastructure that will allow it to roll out more crypto products. The firm has recently made a strategic investment in Digital Asset, a New York-based startup known for building enterprise blockchain […]

SEC chair Gary Gensler takes aim at crypto exchanges for trading against their customers

U.S. regulators, already skeptical of crypto, are doubling down on their stance as the digital asset markets plunge this week. 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, […]