It is in that theoretical compliance the place Prometheum is at odds with the overwhelming majority of different crypto-native companies, who’ve lengthy claimed the SEC makes it unattainable to legally commerce digital belongings beneath the company’s expectation that the sector comply with current securities legal guidelines. A lot of the main crypto operations have fought or are nonetheless preventing the regulator in court docket over these questions, together with the SEC’s insistence that many of the digital belongings being traded by the business are securities.