US EditionSoFi Brings Crypto Back After Trump Policy Changes - SoFi Technologies (NASDAQ:SOFI)
- SoFi Technologies plans to re-enter the cryptocurrency investment business by the end of 2025.
- The firm discontinued crypto services in late 2023 during heightened federal scrutiny to obtain its bank charter.
- SoFi intends to integrate crypto and blockchain technology across all major product lines within 6 to 24 months.
- CEO Anthony Noto stated, "We're going to re-enter the crypto business."
- New regulatory guidance from the Office of the Comptroller of the Currency supports this re-entry, suggesting improved conditions.
18 Articles
18 Articles
SoFi Brings Crypto Back After Trump Policy Changes - SoFi Technologies (NASDAQ:SOFI)
SoFi Technologies, Inc. (NASDAQ:SOFI) plans to bring cryptocurrency investing back to the firm by the end of 2025, citing a major shift in the regulatory environment under the Trump administration. What To Know: SoFi was forced to discontinue its crypto investment services in late 2023 as a condition for obtaining a bank charter amid heightened federal scrutiny of digital assets. At that time, SoFi customers who had access to more than 20 crypt…
Sofi Plans Major Crypto Comeback After Regulatory Breakthrough
Sofi is storming back into crypto with full force, leveraging a pivotal regulatory shift to embed digital assets across its financial ecosystem. Regulatory Update Sparks Sofi’s Crypto Reentry Anthony Noto, chief executive officer of fintech company Sofi, confirmed in an interview with CNBC on Monday that the digital finance platform intends to reintroduce cryptocurrency services…
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