The Questions Around Prometheum's SEC-Compliant Strategy
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While the rest of the crypto industry has been engaged in a long-running
battle to escape the U.S. Securities and Exchange Commission's
jurisdiction, a once-obscure startup called Prometheum has instead embraced
the SEC's view to become the first crypto special-purpose broker-dealer,
but it's unclear whether it can turn its favored status into a workable
business, says Keith Blackman at Bracewell.

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