Prometheum receives final approval from regulators, becoming first compliant special purpose cryptocurrency broker

According to FINRA's summary of the expanded licensing scope, Prometheum Inc. has the latest regulatory level and is about to test whether a feasible encryption platform can operate entirely within the regulatory scope of the US Securities and Exchange Commission (SEC).Prometheum is the first and only special-purpose cryptocurrency broker licensed under SEC rules. It has already obtained approval for digital asset securities trading clearing and settlement. Although the company has not yet made its first trade or earned its first dollar of revenue, co-CEO Aaron Kaplan said it will begin hosting institutional clients' assets within the next four months.