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<p>Prometheum, a crypto company, gained attention when its co-founder Aaron Kaplan testified before a U.S. House Committee on crypto regulations. Kaplan supported regulating crypto under existing securities laws, which is what the SEC also believes. Some people on social media started questioning the company and Kaplan. Prometheum, founded in 2017, has subsidiaries registered with the SEC and approved by FINRA. Critics say the company hasn&#39;t done much despite the approvals. Kaplan said crypto exchanges and custodians should be regulated by the SEC. Some online rumors suggest connections between the company and the <a href="https://www.coingabbar.com/en/crypto-currency-news/zhengzhou-unveils-policy-draft-for-metaverse-industry-growth" rel="noopener noreferrer nofollow">Chinese </a>Communist Party, but these claims are not confirmed.</p>

Prometheum's SEC Compliance Confession: A Congressional Spotlight

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