Bitcoin
$62,666.12-1.52%
Ethereum
$3,227.62-1.54%
Binance Coin
$596.13-0.42%
Solana
$136.21-4.87%
XRP
$0.51006758-2.14%
Dogecoin
$0.14562703-2.48%
Toncoin
$5.40-1.00%
Cardano
$0.45677707-3.14%
Shiba Inu
$0.00002393-3.55%
Avalanche
$33.72-3.35%
Tron
$0.12088814+0.41%
Wrapped Bitcoin
$62,802.17-1.70%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Prometheum

House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
Policy
Regulations
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Mar 26, 2024 at 8:26 p.m. UTC
Mar 26, 2024
RegulationsEthereumETHPrometheumSecurities and Exchange CommissionCongressHouse Financial Services CommitteePatrick McHenryGlenn Thompson
Co-CEO Aaron Kaplan's Prometheum has hired a senior Morgan Stanley executive, Albert Meo, as the company's chief financial officer. (Screen capture/U.S. House Financial Services Committee)
Policy
Regulations
Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
The much-debated crypto firm hired an experienced Wall Street hand who handled regulatory policy in his last job and also worked for Goldman Sachs and Fidelity.
Co-CEO Aaron Kaplan's Prometheum has hired a senior Morgan Stanley executive, Albert Meo, as the company's chief financial officer. (Screen capture/U.S. House Financial Services Committee)
By Jesse Hamilton
Mar 4, 2024 at 3:56 p.m. UTC
Mar 4, 2024
RegulationsPrometheumSecuritiesHiringChief Financial OfficerSecurities and Exchange Commission
(Jesse Hamilton/CoinDesk, modified)
Consensus Magazine
Opinion
Ether’s Prometheum Test
The “only U.S.-registered crypto securities platform" is listing ETH in a bold test of the U.S. Securities and Exchange Commission's thesis that most cryptocurrencies are secu...
(Jesse Hamilton/CoinDesk, modified)
By Ben Schiller
Feb 8, 2024 at 10:17 p.m. UTC
Feb 8, 2024
OpinionThe NodeNewslettersEtherPrometheumSECSecurities
Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)
Policy
Regulations
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
The much-debated crypto broker says it's poised to start its SEC-compliant custody with ETH, then will soon add other names and begin a trading operation within months.
Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)
By Jesse Hamilton
Feb 7, 2024 at 1:35 p.m. UTC
Feb 7, 2024
RegulationsPrometheumETHEthereumbroker-dealerSecurities and Exchange CommissionCustody
Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)
Policy
Regulations
Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won't begin for a few months at least.
Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)
By Jesse Hamilton
Dec 21, 2023 at 2:51 p.m. UTC
Dec 21, 2023
RegulationsSecurities and Exchange CommissionPrometheumFinancial Industry Regulatory Authoritybroker-dealerClearing and SettlementExclusive top news
Republican Lawmakers Ask Gensler How Prometheum Got SEC Approval
Video
Sec
Republican Lawmakers Ask Gensler How Prometheum Got SEC Approval
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc....
Republican Lawmakers Ask Gensler How Prometheum Got SEC Approval
By CoinDesk Staff
Aug 16, 2023 at 2:53 p.m. UTC
Aug 16, 2023
SECcdtvFM ClipGary GenslerPrometheum
Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)
Policy
Regulations
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question the SEC and FINRA about the company’s unique sta...
Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)
By Jesse Hamilton
Aug 15, 2023 at 7:06 p.m. UTC
Aug 15, 2023
RegulationsSECSecurities and Exchange CommissionGary GenslerHouse Financial Services CommitteePatrick McHenryPrometheum
The U.S. Capitol in Washington DC (Jesse Hamilton/CoinDesk)
Policy
Regulations
Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto
Rep. Torres (D-N.Y.) addressed one letter to the SEC's Inspector General Deborah Jeffrey and another to the Government Accountability Office's Comptroller General Gene Dodaro.
The U.S. Capitol in Washington DC (Jesse Hamilton/CoinDesk)
By Amitoj Singh
Jul 14, 2023 at 6:31 a.m. UTC
Jul 14, 2023
RegulationsSECCryptoDigital AssetPrometheumCongressCongressman
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
Video
Bitcoin
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. T...
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
By CoinDesk Staff
Jul 10, 2023 at 10:48 p.m. UTC
Jul 10, 2023
BitcoinGrayscaleSECcdtvNFTStarbucksPrometheumCd dailyThomas tuberville
Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)
Policy
Regulations
U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
The lawmaker alleged that the company may have lied to Congress under oath or misled investors in securities filings.
Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)
By Nikhilesh De
Jul 10, 2023 at 4:25 p.m. UTC
Jul 10, 2023
RegulationsPrometheumSECDOJTommy tuberville