Finance
SoFi Reintroduces Crypto Investing, Launches Global Remittances
SoFi said recently published guidance from regulators now makes it permissible for national banks to offer some types of crypto services.
Photographer: Gabby Jones/BloombergSoFi Technologies Inc. plans to offer crypto spot trading and global remittances to benefit from an ease-up in regulations under the Trump administration.
Customers will be able to buy, sell and hold cryptocurrencies such as Bitcoin and Ethereum in their accounts, SoFi said in a statement Wednesday. The plan is to eventually expand into stablecoin offerings and add the ability to borrow against cryptoassets.