Prometheum | MAKE MONEY ONLINE

FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services

2024-02-08 by admin Leave a Comment

Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum, remains without a definitive classification as a security by the U.S. Securities and Exchange Commission […]

Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum

2023-08-17 by admin Leave a Comment

Lawmakers Probe SEC's 'Shady Approval' of Prometheum With No Customer, No Operating History, and Ties to Chinese Government

U.S. lawmakers are probing the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) regarding the “shady approval” of Prometheum “as the first and only special purpose broker-dealer for digital assets.” They raised concerns about the timing and circumstances surrounding the approval, noting that Prometheum has no customers, operational history, and track […]