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New York-based Prometheum came into the spotlight during the US House Financial Services Committee hearing “ The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem ” held on June 13. Prometheum co-CEO Aaron Kaplan was announced as a witness in the hearing at the very end, which raised questions. advertisement Prometheum’s US SEC And FINRA Approval Are “Nonsense” During the US House Financial Services Committee hearing, Representative Mike Flood calls Prometheum’s US SEC and FINRA approval as “nonsense” as the firm doesn’t offer trading in top crypto assets Bitcoin (BTC) and Ethereum (ETH). However, co-CEO Aaron Kaplan said the clear path forward for the digital asset industry in the U.S. is through the current regulatory frameworks set up by the US SEC. The crypto community claims Aaron Kaplan was reading off pre-written notes with narratives of Democratic members of Congress or the SE...

Also Read: Binance & Coinbase Witness $600Mn In Net Outflows As Investors Lose Trust advertisement In a latest, Cramer made yet another comment on the state of Binance in the lawsuit, to which the Binance management reponded aggressively. The CNBC host was asked to back his FTX related comparison with evidence as the exchange could later on ‘revisit’ the accusations. Jim Cramer’s Comparison Of Binance With FTX On Tuesday, Cramer was highly critical of Binance and Coinbase’s businesses, in the context of the back to back lawsuits from the SEC. Stating that investors should withdraw funds from Binance, he also compared the exchange’s position with that of fallen crypto exchange FTX. Apparently, this has not gone down well with the Binance leadership. Patrick Hillmann, the Chief Communications Officer at Binance, warned Cramer over his wild comparison. “Hey Jim Cramer , We will eventually revisit your on-air claims ye...