SoFi To Resume Crypto Trading Services After 2-Year Halt
Key Notes
- SoFi is making a significant comeback to the crypto space after a hiatus of up to two years.
- The firm left after facing regulatory scrutiny in the midst of pursuing a U.S.
- bank charter.
- The Trump administration and its policies are encouraging the return of many mainstream businesses to cryptocurrency.
Online banking platform SoFi Technologies has decided to return to the crypto space after a hiatus of up to two years. As part of its comeback, the firm is introducing “blockchain-powered international remittances.”
Very excited about the innovation we can drive via blockchain and crypto across our businesses. @Sofi ‘s planned new international payments (frequently called remittances) will convert…