Tag: Prometheum
‘Contrary to popular belief,’ regulation isn’t slowing tokenization — Prometheum CEO
The market for tokenized real-world assets (RWAs) is growing by the day, but contrary to belief, the biggest hurdle to broader adoption isn’t regulati [...]
Doors Open at Prometheum as Much-Disputed U.S. Firm Tests Crypto Tokens as Securities
The business' survival represents one of a handful of crucial industry tests, which would also include the outcome of a number of federal court battle [...]
Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight
The company – backed by Overstock and New York Stock Exchange parent Intercontinental Exchange (ICE) – said that as soon as early next year, it'll sta [...]
Controversial Crypto Firm Prometheum to Treat Uniswap’s UNI and Arbitrum’s ARB as Securities
When asked why Prometheum selected UNI and ARB, Kaplan responded, "Prometheum Capital intends to provide investors access to the top digital assets ov [...]
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will full [...]
House Republicans Demand Answers From SEC on Prometheum and Ether
Rep. Patrick McHenry (R-N.C.) and Rep. Glenn "GT" Thompson (R-Penn.), the chairmen of the two committees, and the other Republican lawmakers – many of [...]
Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
It's in that theoretical compliance where Prometheum is at odds with the vast majority of other crypto-native firms, who have long claimed the SEC mak [...]
Ether’s Prometheum Test
See also: DeFi Shouldn't Have to Worry About the SEC's Expanded Broker Rule | Opinion“The stakes aren't just high for Prometheum and the rest of the i [...]
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
Prometheum Inc. – still standing alone as the only U.S.-registered crypto securities platform – has disclosed that the first digital asset it'll handl [...]
Prometheum Earns Final U.S. Regulatory Nod to Try Hand at Fully-Compliant Crypto
Prometheum has previously acknowledged that, when it got its approval as one of about 70 SEC-regulated alternative trading systems (ATSs), it disclose [...]
Republican Lawmaker McHenry Demands SEC Chair Gary Gensler Explain How Prometheum Got Approval
The letters raise “serious questions” about whether the SEC championed Prometheum as a poster firm to represent Gensler’s position that no new laws ar [...]
US Representative Torres demands investigation of SEC deal with Prometheum
The United States Securities Exchange Commission (SEC) could be investigated for a "haphazard and heavy-handed approach to digital assets,” or, more s [...]
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The United States-based crypto advocacy group Blockchain Association has submitted a letter to the Securities and Exchange Commission’s (SEC) Office o [...]
US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum
Six members of the United States congress have called on the U.S. Securities and Exchange Commission (SEC) and Department of Justice to investigate Pr [...]
U.S. Senator Thomas Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
Prometheum "may have provided false testimony to Congress or violated U.S. securities laws," the open letter began. The lawmaker said Prometheum CEO A [...]