Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

It’s in that theoretical compliance where Prometheum is at odds with the vast majority of other crypto-native firms, who have long claimed the SEC makes it impossible to legally trade digital assets under the agency’s expectation that the sector follow existing securities laws. Most of the major crypto operations have fought or are still fighting the regulator in court over these questions, including the SEC’s insistence that most of the digital assets being traded by the industry are securities.