TradeStation pays $3 million to settle SEC, state fees over unregistered digital forex merchandise

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(Reuters) – Cryptocurrency platform TradeStation Crypto can pay $3 million to settle claims from U.S. securities regulators and a number of states that it supplied or offered unregistered securities via an interest-earning program. is scheduled to be paid.

The Securities and Change Fee mentioned TradeStation had didn’t register a cryptocurrency lending product that allowed U.S. buyers to deposit or buy belongings on TradeStation's platform in alternate for yield. This product was supplied to clients from 2020 and resulted in 2022.

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