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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.

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)
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)