Mar 26, 07:28 PM

House Republicans Seek SEC Clarity on Prometheum's $ETH Custody Implications

House Republicans, including @HouseAgGOP and @FinancialCmte, wrote a letter to SEC Chair Gensler seeking clarity on Prometheum's custody of $ETH. They question the implications for market integrity and the SEC's stance on defining ETH as a security.

#SEC #Gensler #Prometheum

Written with ChatGPT (GPT-3).

Sources

Jason Brett@RegulatoryJason
2 years ago
How many Members of Congress does it take to get the SEC to decide whether #Ethererum is a digital commodity or a digital asset security? This is a letter from 48 out of 435 Members of Congress asking for digital asset clarity from the @SECGov to decide on just one digital asset. https://t.co/KistuQ5L2x
The Block@TheBlock__
2 years ago
House GOP: SEC must first decide if ETH is a security for Prometheum to custody it https://t.co/nFAZNe6mAE
Bryan Steil@RepBryanSteil
2 years ago
Chair @GaryGensler has driven the trend of politicizing investments by loosening proxy rules and redefining materiality. I'm fighting to reinstate trust in our nation’s economy. https://t.co/OqOdMDM6xx

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House Republicans Seek SEC Clarity on Prometheum's $ETH Custody Implications

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