Nexo Makes Strategic Investment in SEC-Registered US Broker-Dealer Texture Capital

Partnering with Texture Capital will enable Nexo to expand its institutional service offering to investors in the US.

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Prometheums Bold Move: Ethereums Legal Status On The Line

In a move that could change the way that regulations apply in the cryptocurrency space, New York-based Prometheum has said that it is ready to announce plans for custodial services for Ethereum, the second-biggest digital currency globally. The development comes amid simmering tension between the innovators and regulators in the cryptocurrency world, with the U.S. […]

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

A FOIA request with the SEC regarding Prometheum has been filed, while others found former FINRA and SEC staffers among the firm's ranks.

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Crypto Community Stirs As Prometheum Secures SEC And FINRA Approval

New York-based crypto firm Prometheum has recently made waves in the crypto community by securing approval from the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This development comes when significant players in the crypto space, such as Binance and Coinbase, are facing increased scrutiny from US regulators. Prometheum came […]

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Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing

The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support for the existing regulatory framework of the U.S. Securities and Exchange [...]

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‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?

A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space.

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FINRA metaverse warning, Lazarus NFT attack, Thiel backs NFTs: Nifty Newsletter

Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome. 

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FINRA says rules still apply in the metaverse

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

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