Following Prometheum’s announcement that its subsidiary, Prometheum Capital, will provide custody services for the digital asset, Ether (ETH), Republicans on the House Financial Services Committee and House Committee on Agriculture, led by Chairmen Patrick McHenry (NC-10) and Glenn “GT” Thompson (PA-15) and Reps. French Hill (AR-02), Dusty Johnson (R-SD), Tom Emmer (MN-06), and Warren Davidson (OH-08), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The lawmakers are demanding that his agency clarify the SEC’s position with respect to a Special Purpose Broker Dealer’s (SPBD) ability to ... (full story)