SoFi Relaunches Crypto Trading Following Regulatory Greenlight

SoFi Technologies, a publicly traded United States-based neobank best known for student loan refinancing and stock trading, is relaunching crypto trading almost two years after pausing it.The new SoFi Crypto service will let users buy, hold, and sell “dozens of cryptocurrencies,” beginning with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with access rolling out gradually over the coming weeks, the company said in a Nov. 11 press release.The bank previously offered crypto trading, but paused the service in 2023 due to regulatory uncertainty, redirecting its crypto customers to UK-headquartered exchange Blockchain.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io