The letters increase “severe questions” about whether or not the SEC championed Prometheum as a poster agency to characterize Gensler’s place that no new legal guidelines are wanted to control and police crypto within the U.S., simply as McHenry’s committee was about to ship digital belongings laws to the Home flooring. For its half, Prometheum’s executives have insisted that they’ve been going step-by-step by way of the registration course of like another agency, and co-CEO Aaron Kaplan has argued that his agency will display the correct method to construct a crypto platform that’s compliant with present guidelines.
