SoFi adds crypto services and blockchain-powered remittances
US fintech SoFi is taking advantage of the changing regulatory landscape under the Trump administration to reintroduce crypto services.
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From later this year, SoFi customers will be able to buy, sell, and hold a selection of crypto currencies like Bitcoin and Ethereum. Later, the firm is planning to go further, offering stablecoins, the ability to borrow against crypto assets and staking features.
In addition, SoFi will look to offer blockchain and digital asset infrastructure capabilities from its technology platform, Galileo, to other companies.
Having once pulled back from digital assets over…
