Why Is US SEC Allowing Ethereum Custody To Prometheum? GOP Asks Gary Gensler

Quick Summary:

In a recent move, representative John Rose wrote a letter to SEC Chair Gary Gensler and FINRA President Robert Cook, slamming the securities The post Why Is US SEC Allowing Ethereum Custody To Prometheum?

Several Republican lawmakers from the House of Financial Services Committee are questioning the US SEC’s silence over the functioning of  Prometheum’s Ethereum custody services while labeling ETH as a “crypto asset security”.

In its recent letter to the regulators, Representative John Rose wrote: “Players in the digital assets space deserve certainty from their regulators.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Gary Gensler 24/7 Cryptocurrency News Crypto custody US SEC Ethereum (ETH)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 12:37:48 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23613391

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions