Prometheum
Ether’s Prometheum Test
The “only U.S.-registered crypto securities platform" is listing ETH in a bold test of the U.S. Securities and Exchange Commission's thesis that most cryptocurrencies are securities.
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
The much-debated crypto broker says it's poised to start its SEC-compliant custody with ETH, then will soon add other names and begin a trading operation within months.
Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won't begin for a few months at least.
Republican Lawmakers Ask Gensler How Prometheum Got SEC Approval
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the lawmakers' concerns about Prometheum.
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question the SEC and FINRA about the company’s unique status.
Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto
Rep. Torres (D-N.Y.) addressed one letter to the SEC's Inspector General Deborah Jeffrey and another to the Government Accountability Office's Comptroller General Gene Dodaro.
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. Thomas Tuberville is asking the SEC and DOJ to look into crypto broker Prometheum. Lawyers for Grayscale are criticizing regulators for approving a leveraged bitcoin-based exchange traded fund. And, a closer look at Starbucks' latest NFT collaboration.
U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
The lawmaker alleged that the company may have lied to Congress under oath or misled investors in securities filings.
Unpacking the Scrutiny Surrounding Crypto Startup Prometheum
Prometheum founder and co-CEO Aaron Kaplan has publicly praised the SEC's rule-making, as the firm has been granted a “special purpose broker-dealer” for digital assets. Kaplan said recently that no new crypto rules are needed, drawing criticism from across the industry. "The Hash" panel weighs in on the scrutiny surrounding the company's narrative.
The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.
