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Prometheum has soft-launched its Ethereum custody service, treating Ether as a security under SEC supervision, sparking debate over its regulatory status. The move coincides with the SEC's denial of an Ethereum spot ETP, raising questions about timing and regulatory implications.
๐๏ธ Crypto News Prometheum, a digital asset trading and custody firm, has reportedly initiated a soft launch of its Ethereum (ETH) custody service. ๐ https://t.co/l4NhmheH4D #CryptoNews
Prometheum's move to offer Ethereum custody services sparked backlash from a crypto advocacy group that claims it's in cahoots with the SEC. Click to read: https://t.co/lcdpHekBkx
Prometheum's Ethereum Custody Controversy Reignites SEC Security Label Fears โบ https://t.co/GabtFSOb7y https://t.co/GabtFSOb7y
