The Questions Around Prometheum's SEC-Compliant Strategy

[Gunnar Larson]

The Questions Around Prometheum's SEC-Compliant Strategy
<https://www.law360.com/banking/articles/1789752?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-31&read_main=1&nlsidx=0&nlaidx=14>

While the rest of the crypto industry has been engaged in a long-running
battle to escape the U.S. Securities and Exchange Commission's
jurisdiction, a once-obscure startup called Prometheum has instead embraced
the SEC's view to become the first crypto special-purpose broker-dealer,
but it's unclear whether it can turn its favored status into a workable
business, says Keith Blackman at Bracewell.

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<https://www.law360.com/banking/articles/1789752?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-31&read_more=1&nlsidx=0&nlaidx=14>
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