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

All Comments

Recommended for you

Shenyu: The widespread existence of blind signature issues provides hackers with opportunities to take advantage of, and the problem must be solved

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The head of the Financial Supervisory Service of South Korea: We are investigating various abnormal transactions including AVAIL on Bithumb

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Vitalik publishes new article on the future development of Ethereum protocol, key goals include achieving maximum L2 interoperability

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