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SEC Accepts ShapeShift’s $275,000 Settlement Over Crypto Securities Charges

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The U.S. Securities and Exchange Commission (SEC) has accepted a $275,000 settlement from cryptocurrency exchange ShapeShift over charges regarding the handling of digital assets regarded as securities.

The SEC said that ShapeShift conducted a business that enabled users to trade digital assets on a platform that was not registered under applicable securities laws. As part of the settlement, ShapeShift has agreed to cease and desist from committing or causing any violations of the sections of securities laws it was charged with.

ShapeShift, while

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