Linus Financial, a Nashville-based crypto services firm, has settled with the U.S. securities regulator for allegedly failing to register the offer and sale of its retail crypto lending product. The Securities and Exchange Commission announced the settlement, which focused on Linus’s crypto lending product, Linus Interest Accounts, on Thursday. It added that the agency decided not to impose civil penalties due to the company’s cooperation and prompt remedial actions. An SEC order showed Linus Financial started to offer and sell its interest-bearing accounts in March 2020, allowing U.S. investors to tender fiat ... (full story)