Prometheum To Face Setback Post SEC Chair Gary Gensler's Exit: Fortune

U.S.-based crypto firm Prometheum had earlier leveraged the U.S. SEC Chair Gary Gensler’s tightened stance on cryptocurrencies. However, with Donald Trump’s reelection as the 47th president and Gensler announcing his step down, recent sentiments surrounding the firm’s future took a paradigm shift. With the rising speculations of a pro-crypto SEC Chair ahead, potential re-enforcements in crypto securities laws looming over the horizon have clouded the crypto firm’s future in an enigma.