House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
The much-debated crypto firm hired an experienced Wall Street hand who handled regulatory policy in his last job and also worked for Goldman Sachs and Fidelity.
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.