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CoinGape

GOP lawmakers question the SEC’s silence on Prometheum’s custody services

CoinGape
Summary
Nutrition label

62% Informative

GOP members led by Representative John Rose , criticized the SEC and FINRA for their silence on Prometheum 's ETH custody services.

Lawmakers pointed out that the SEC acknowledged that ETH is not a security, but still allows Promethum to consider ETH a security.

GOP leaders called for greater regulatory certainty for the crypto market.

Gary Gensler reaffirmed his stand on crypto regulation amid his resignation calls.

VR Score

46

Informative language

38

Neutral language

51

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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