US Lawmakers Probe Prometheum’s Broker-Dealer License: SEC and FINRA Under Scrutiny
US lawmakers want to know under what circumstances Prometheum obtained its broker-dealer license. Congressman Patrick McHenry and more than 20 Republicans sent letters to the SEC and FINRA. Republicans are asking for documents on Prom ...
US Democratic Lawmakers Criticize Stablecoin Regulation Bill
The stablecoin regulation bill has come under fire from Democratic lawmakers in the United States, who are concerned that the lack of a clear regulatory framework may lead to stablecoin issuers seeking out other jurisdictions. The bill, which was created in 2022 by Republican Patrick McHenry of N ...