The Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MOU) with the Solana Foundation to drive the adoption of Distributed Ledger Technology (DLT) solutions and propel blockchain innovation, according to a Feb. 7 press release.
The Australian Securities and Investment Commission (ASIC) has permanently banned Brian Jacques Creigh, the director of crypto venture capital fund – Panacea Capital Pty Ltd. The Australian regulator now prohibits him from participating in the financial services industry.
US Treasury Secretary Janet Yellen calls upon lawmakers to intensify the regulatory framework governing crypto and stablecoins.
Yellen will testify before the US House Committee on Financial Services today. She will highlight the urgent need for laws to address risks in the crypto industry.