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.

Aaron Kaplan, co-CEO of Prometheum, and Rodrigo Seira, special counsel at Paradigm, dive into the heated debate on crypto regulation. Kaplan argues that Prometheum is paving a compliant path for digital assets, while Seira challenges the feasibility of the current SEC framework. They discuss the complexities of token classification, the relevance of the Howey Test, and the implications of SEC licensing. The episode highlights diverging views on what constitutes a successful crypto exchange and the future of regulatory compliance in the industry.

Aaron Kaplan and Rosario Ingargiola, leaders in digital asset trading, delve into the path toward regulatory compliance in the crypto landscape. They discuss the recent landmark approval for Prometheum as a broker-dealer and why the industry must embrace regulatory frameworks. The duo contrasts traditional finance with crypto operations, critiques the regulatory clarity's portrayal by incumbents, and backs SEC Chair Gary Gensler's view on crypto securities. Their insights illuminate the role of compliance in shaping the future of digital assets.