Brokerage Firm Prometheum Wants to Use Exemption to Trade Crypto

Prometheum’s plan involves the use of an exemption that regulators created 50 years ago to permit trading of shares that were restricted.

• 2023-06-27
• Prometheum CRYPTO Gary Gensler Aaron Kaplan restricted shares SEC

Prometheum: What You Need to Know About the SEC’s Poster Child for Crypto Compliance

Prometheum's co-CEO gave remarks on Capitol Hill that mirrored the SEC's stance. Now industry observers are poring over the startup’s paper trail.

• 2023-06-16
• Prometheum Gary Gensler Aaron Kaplan digital asset SEC

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.

• 2023-06-06
• Jim Bianco Binance Aaron Kaplan unregistered securities SEC Bianco Research Securities and Exchanges Commission