SoFi Announces Major Crypto Expansion Amid Regulatory Shifts

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-29 19:37:02

SoFi Technologies Inc. is preparing a significant re-entry into cryptocurrency services after suspending operations in 2023 to secure its U.S. bank charter. CEO Anthony Noto confirmed plans to offer expanded blockchain capabilities across all product lines, signaling institutional confidence in digital assets despite previous regulatory headwinds.

The fintech firm previously provided access to over 20 tokens before halting services during its banking license application. "We’ll re-enter the business of allowing our members to invest in cryptocurrency," Noto told CNBC, emphasizing a strategic push beyond mere trading into integrated blockchain solutions.

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