Prometheum is considering ETH as a security

In a move that could have profound ripple effects across the crypto landscape, Prometheum has officially launched its highly anticipated Ethereum custody service - with the caveat of treating ETH as a security .

According to the report, Prometheum quietly launched the controversial offering in soft launch mode on May 17. The full public launch is expected next month, the accessibility of retail investors will follow in 2024.

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