Odaily News: The Blockchain Association, a lobbying group for the cryptocurrency industry in the United States, has written a letter to the Office of the Inspector General of the Securities and Exchange Commission (SEC), requesting an investigation into the cryptocurrency company Prometheum. In a letter dated July 12th, the Blockchain Association requested the SEC Inspector General, Deborah Jeffrey, to investigate the approval of Prometheum's Special Purpose Broker-Dealer (SPBD) license by the Financial Industry Regulatory Authority (FINRA). The organization also questioned the manner in which the company's Co-CEO, Aaron Kaplan, obtained a seat in the hearing of the U.S. House Committee on Financial Services in June. The organization expressed concerns about the fact that Prometheum was able to obtain the SPBD license in May 2023, given the uncertainty surrounding U.S. securities laws applicable to cryptocurrency companies. According to the Blockchain Association, Prometheum changed its publicly stated position calling for clear regulations from the SEC in April 2021, claiming that there were "clear paths to digital asset registration and legislation is unnecessary." (Cointelegraph) On July 11th, Senator Tuberville wrote an open letter to the U.S. Attorney General, Merrick Garland, and SEC Chairman, Gary Gensler, requesting an investigation into the Special Purpose Broker-Dealer, Prometheum, which recently obtained federal licensing to provide cryptocurrency trading services.