San Francisco-headquartered SoFi Technologies signaled Monday it would soon dive back into crypto following expectations the SEC would begin to clarify crypto rules under its new leadership.
While the firm once offered its customers the ability to trade 20 digital assets in the U.S.—including Bitcoin, Ethereum, and Dogecoin—the company called it quits in 2023, winding the service down after “careful consideration,” according to a statement at the time.
The company’s return will hinge on the regulatory clarity brought about under President Donald Trump’s administration, SoFi CEO Anthony Noto said during a Monday earnings call.
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Author: André Beganski
