Prometheum CEO Aaron Kaplan argues that the real barrier to tokenization isn’t regulatory, but the lack of secondary markets for tokenized securities.
Prometheum, licensed for crypto securities, faces challenges under SEC regulations but plans to adapt amid leadership changes.
Prometheum is preparing for potential changes in U.S. crypto regulations due to shifts in political leadership, including the possible return of Donald Trump as president and the departure of SEC Chairman Gary Gensler.
Prometheum is gearing up for potential changes in crypto regulations, particularly under a possible Trump presidency. The company's future involves adapting to these evolving regulatory landscapes.
Prometheum, a U.S. crypto firm, faces uncertainty following SEC Chair Gary Gensler's exit and Donald Trump’s reelection. Speculation about a pro-crypto successor impacts the firm.
Republican members question SEC and FINRA regarding regulatory ambiguities in Prometheum’s Ethereum custody services.
Republican lawmakers question why the US SEC is allowing Prometheum to handle Ethereum custody while classifying ETH as a 'crypto asset security'. Representative John Rose demands answers from SEC Chair Gary Gensler and FINRA President Robert Cook.
Regulatory uncertainty of yield-bearing stablecoins allowed tokenized money market funds to gain popularity, as stated by Aaron Kaplan, co-CEO of Prometheum.
The tension between the SEC and the cryptocurrency sector grows due to unclear regulations. Despite some companies gaining licenses, ambiguity remains.
Prometheum opens institutional Ether (ETH) custody services amid SEC scrutiny, highlighting evolving crypto landscape.
Prometheum opens its doors to test its strategy, assuming the SEC is right about labeling crypto tokens as securities, amidst broader industry disputes with the agency.
tZero becomes the second FINRA-approved broker-dealer for digital securities, following Prometheum's steps in treating four cryptocurrencies as securities.
Prometheum, a U.S.-registered digital asset firm, has controversially classified Uniswap’s UNI and Arbitrum’s ARB tokens as securities, reflecting regulatory challenges in the crypto sector.
The debate on the regulation of cryptocurrencies in the United States is centered on Prometheum's custody of Uniswap and Arbitrum as securities, amidst compliance and controversies in the crypto world.
Prometheum launches Uniswap (UNI) and Arbitrum (ARB) custody services for US clients, following previous security offering for Ethereum. UNI surged 4% post-announcement, ARB stable.
Prometheum, the sole SEC-approved crypto platform, has expanded its custody services to include the altcoins Uniswap and Arbitrum, classifying them as securities.
Prometheum is classifying Uniswap and Arbitrum tokens as securities to comply with SEC guidelines, regardless of industry consensus.
Controversial company says it now has the licences to transact all kinds of digital securities.
This week's Crypto Biz news includes Kraken's commitment to stablecoin services in Europe despite rumors, Grayscale's CEO stepping down, and Prometheum's Ether custody service recognizing ETH as a security.
The House Financial Services Committee is investigating the SEC regarding Prometheum's ETH custody service being classified as a security, sparking debates and implications for Ether ETFs.
US lawmakers are questioning the SEC and FINRA on the oversight of Prometheum's Ethereum custody, stirring controversy over crypto regulation compliance.
Republican lawmakers have asked the SEC for clarity on Prometheum's compliance with regulations as it holds a special purpose broker-dealer registration and plans to offer custody services.
Lawmakers are requesting clarification from the SEC regarding Prometheum's launch of Ethereum custody services, highlighting issues of 'regulatory uncertainty'.
Prometheum has initiated a soft launch for its Ethereum custody service, which is set to fully launch in June. This has triggered discussions on whether Ethereum should be classified as a security, under U.S. SEC regulation.
Prometheum has soft-launched an Ethereum custody service, considering ETH as a security, aiming for a full launch next month.
Prometheum's new Ethereum custody service classifies ETH as a security, drawing SEC oversight and controversy from the Cedar Innovation Foundation. The debate highlights ongoing regulatory concerns within the crypto space.
Prometheum's offer to custody Ethereum has led to a backlash from a crypto advocacy group suspecting collusion with the SEC, raising fears of Ethereum being labeled a security.
Prometheum, a New York-based blockchain firm, has unveiled a new custody service for Ethereum, aiming to bolster security and ease of access for crypto investors while navigating the US's regulatory landscape.
U.S. blockchain firm Prometheum initiates Ethereum custody services, challenging regulatory uncertainty and potentially influencing the SEC's stance on Ethereum.
Prometheum, a digital assets firm, has launched its Ethereum Custody service, labeling Ethereum as a security. This service is one of many in their planned crypto services suite set to launch in June.
US blockchain company Prometheum has initiated a custody service for Ethereum, which might influence the SEC's stance on ETH.
New York's Prometheum launches an Ethereum custody service, claiming that SEC regulations adequately cover crypto securities management.
