Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

It is in that theoretical compliance the place Prometheum is at odds with the overwhelming majority of different crypto-native companies, who’ve lengthy claimed the SEC makes it unattainable to legally commerce digital belongings beneath the company’s expectation that the sector observe current securities legal guidelines. Many of the main crypto operations have fought or are nonetheless combating the regulator in court docket over these questions, together with the SEC’s insistence that many of the digital belongings being traded by the business are securities.