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House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Mar 26, 2024, 8:32 p.m. Published Mar 26, 2024, 8:26 p.m.

House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)