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CoinDesk Podcast Network
FIRST MOVER: How Prometheum Is Getting Ready to Launch Its Fully-Compliant Crypto Firm
Mar 12, 2024
Prometheum Inc. co-founder discusses launching fully compliant crypto platform, SEC regulations, and ether classification as security. Insights on digital future at Consensus event in Austin. Exploring challenges of regulatory compliance, investor protection, and tokenization sector in the crypto space.
13:09
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Quick takeaways
- Prometheum is focused on compliance and obtaining necessary approvals for its fully compliant crypto platform.
- Prometheum views Ether and most digital assets as securities, emphasizing compliance with SEC regulations.
Deep dives
Launch of Fully Compliant Crypto Platform in the US
Prometheum is set to launch a crypto platform operating fully within SEC regulations amidst industry scrutiny. Despite criticisms, they focused on obtaining necessary approvals and positioning themselves as compliant pioneers in the US market. The CEO attributes their success to following existing laws rather than waiting for regulatory changes, underlining their commitment to compliance and security offerings for investors.
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Discover
highlights
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