Coin

<ul class="news-points"> 
 <li><strong>Prometheum’s SEC application has been reportedly cleared for final approval.</strong></li> 
 <li><strong>A FINRA publication shows Prometheum can now operate anywhere in the US.</strong></li> 
 <li><strong>Aaron Kaplan said Prometheum would start serving institutional clients within the first quarter of 2023.</strong></li> 
</ul> 
<p>According to reports, the potential crypto investment firm that intends to offer a program that complies with the rules of the <a href="https://coinedition.com/tag/sec/">US Securities and Exchange Commission (SEC)</a>, Prometheum, has been approved for clearing. The crypto community expects the firm to begin operations in the next few months.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">.<a href="https://twitter.com/PrometheumInc?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@PrometheumInc</a> has cleared its final regulatory hurdle to start rolling with its fully-<a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@SECGov</a>-compliant strategy for crypto custody and trading. Soon we'll find out whether crypto can live under current SEC rules. <a href="https://t.co/UFr2kLIy91" target="_blank" rel="nofollow">https://t.co/UFr2kLIy91</a></p>— CoinDesk (@CoinDesk) <a href="https://twitter.com/CoinDesk/status/1738789900550377751?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 24, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Having received <a href="https://brokercheck.finra.org/firm/summary/312784" target="_blank" rel="nofollow">regulatory approval</a>, Prometheum can now operate everywhere in the US, according to a publication by the Financial Industry Regulatory Authority, FINRA. Benjamin Kaplan, Prometheum’s co-CEO, signed the letter that would be resubmitted to FINRA for final approval.&nbsp;</p> 
<p>Prometheum is considered the first and only special-…</p>
<p>The post <a href="https://coinedition.com/prometheum-earns-approval-for-a-sec-compliant-crypto-investment-firm/">Prometheum Earns Approval For A SEC-Compliant Crypto Investment Firm</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Prometheum Earns Approval For A SEC-Compliant Crypto Investment Firm

Coin Edition

Other articles published on Dec 24, 2023

Coinbase Responds to Accusations from Cryptocurrency-hating Senator Elizabeth Warren

Machine Learning Predicts Aggressive Behaviors in Youths with Autism

How Solana’s Bullish Trajectory Could Lead to a $120 Breakout?

Japan To Introduce Major Crypto Tax Reforms In 2024

Worst performing cryptocurrency of 2023: which coins tanked the most

Dogecoin and Shiba Inu Exhibit Mixed On-Chain Signals: One May Surge While the Other Dips, But Th...

Join our free newsletter for daily crypto updates!