SOFI - SoFi Retreats From Digital Assets Will Cease Opening New Crypto Accounts: Report | Benzinga
SoFi Technologies Inc. (NASDAQ: SOFI) is withdrawing from the cryptocurrency market.
What Happened: The San Francisco-based firm informed its crypto customers on Wednesday about the necessity to either liquidate their accounts or transfer them to crypto exchange Blockchain.com, Bloomberg, reported.
Established 12 years ago primarily for student-loan refinancing, SoFi has broadened its service offerings significantly. In January 2022, it obtained a bank charter, subject to a two-year compliance period ...