SoFi to Relaunch Crypto Trading by the End of the Year

SoFi Technologies Inc. is bringing back crypto trading by the end of the year. CEO Anthony Noto confirmed in a statement. This decision came after the change in federal rules under the Trump administration that now allows national banks to offer certain crypto services.

“The future of financial services is being completely reinvented through innovations in crypto, digital assets, and blockchain more broadly,” Noto said. He added, “Crypto and blockchain innovations can and will be threaded through each of our businesses and capabilities, including buying, paying, saving, investing, borrowing, and protecting.”

The fintech company paused its crypto service in late 2023 to meet conditions required to secure a national bank charter. At…

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