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Crypto firm settles charges for its interest feature on crypto asset accounts

Image of some crypto coins lying next to a mobile phone.
Photo: Jack Taylor/Getty Images

The SEC and a multistate taskforce charge TradeStation Crypto Inc. for failing to register the offer and sale of a crypto lending product.

The North American Securities Administrators Association (NASAA) and the SEC have announced that a taskforce of state securities regulators and the US securities regulator has reached a $3m settlement with TradeStation Crypto, Inc. concerning its crypto interest-earning program.

In the past year, a multistate task force of eight state securities