Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval

The crypto space is continuing to take a hard look at Prometheum, with the Blockchain Association filing a FOIA request with the SEC and Twitter sleuths deep diving into the blockchain firm's team.

United States crypto lobby group Blockchain Association has filed a request with the U.S. Securities and Exchange Commission, seeking information about the formerly little-known crypto company Prometheum.Aaron Kaplan testified

On June 15, Blockchain Association counsel Marissa Coppel said the group filed a Freedom of Information Act request to the SEC seeking documents and communications related to Prometheum.as a special purpose broker-dealer for digital assets “in the midst of aggressive SEC enforcement.”on regulations for the industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blockchain Association asks SEC about interactions with PrometheumThe Blockchain Association has filed a Freedom of Information Act request with the SEC, asking for details about its interactions with Prometheum.
Read more »

Prometheum CEO Sides With SEC on Crypto Regulation, Is There Hidden Agenda?.PrometheumInc threw the industry under the bus as experts sense foul play
Read more »

Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing – Bitcoin NewsThe crypto community remains skeptical of Prometheum's credibility, as the company remains relatively unknown. Prometheum
Read more »

‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?Blockchain company PrometheumInc was relatively obscure until its co-founder Aaron Kaplan testified at a recent Congressional hearing, giving a rather contrary take on crypto compliance compared to much of the industry.
Read more »

Crypto Lobbyists Ask SEC for Info on Prometheum, The Mysterious 'Regulated' Crypto FirmThe Blockchain Association has requested records connected to the crypto startup Prometheum from the SEC, after the CEO’s testimony before Congress triggered scrutiny of the company.
Read more »

Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 BuildersWeb3 developer platform AlchemyPlatform has come out with AlchemyAI, a suite of tools leveraging AI to help developers build web3 products, cryptauxmargaux reports
Read more »