According to Foresight News: Digital asset company Prometheum has responded to questions from a Republican lawmaker regarding its crypto broker-dealer license, stating that 'Prometheum's technology aims to develop a digital asset securities market infrastructure that complies with federal securities laws. This technology will serve as the cornerstone of a compliant, orderly digital asset securities market, protecting investors and serving their best interests. The U.S. Securities and Exchange Commission (SEC) and the Committee on Foreign Investment in the United States (CFIUS) have reviewed Prometheum's previous relationship with Wanxiang and its affiliates and have closed their inquiries without initiating a formal investigation.'
Previously, Prometheum signed an agreement with Wanxiang in 2018 to develop blockchain trading software, but the agreement was later terminated.
