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Prometheum Response: The Platform Complies With the Federal Securities Laws, and the Relationship With Wanxiang and Its Affiliates Has Been Reviewed by the SEC

FOX Business reporter Eleanor Terrett tweeted that Prometheum responded to Republican lawmakers' questions about its cryptocurrency broker dealer license, stating that Prometheum's technology aims to develop a digital asset securities market infrastructure that complies with federal securities laws.

Prometheum's previous relationship with Wanxiang and its affiliates has been reviewed and the investigation has ended by the SEC, and the Committee on Foreign Investment in the United States (CFIUS) has never initiated a formal investigation.

It is reported that Prometheum signed an agreement with Wanxiang in 2018 to develop blockchain trading software, but the agreement was later terminated.

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