SoFi, a fintech firm, is exiting the cryptocurrency business due to increased scrutiny by banking regulators. The decision involves hundreds of thousands of users who will need to liquidate their accounts or move to the crypto exchange and wallet provider Blockchain.com by December 19. The move is possibly tied to SoFi's decision to become a bank.
#BTC Hangs Just Under $42K, Top Cryptos Consolidate Tuesday, #Sofi Announces Exit From Market Citing Regulatory Pressure — Daily #Price Update 12.5.23 https://t.co/xg10XMMXsX
US Financial Services Platform Sofi Announces Exit From Crypto Market #crypto #cryptocurrency https://t.co/u03qOLPcfz
ICYMI: Regulators have scared SoFi out of crypto: Bloomberg https://t.co/1NAxMhEeMf
Regulators have scared SoFi out of crypto: Bloomberg https://t.co/vek1AIY1z7
Crypto-friendly banking platform SoFi Technologies is exiting the cryptocurrency business amid increased scrutiny from banking regulators, according to Bloomberg. SoFi notified cryptocurrency customers on Wednesday that it will terminate its crypto services on December 19, and…
Exciting times ahead for bridging the crypto space and regulatory landscape.
Online banking firm SoFi Technologies is leaving the crypto market, urging customers to migrate assets to https://t.co/RsHnxp4mwT. https://t.co/DoVetnveZH
SoFi Technologies announces the end of crypto trading services by Dec. 19. Users must migrate to https://t.co/jPlYmanC5z or close their accounts. https://t.co/BFH9sn2jxi
SoFi tells its crypto customers to liquidate their accounts or move holdings to https://t.co/wu2ohUD20l by December 19, as it exits crypto due to regulatory scrutiny (@olgakharif / Bloomberg) https://t.co/dksd81LZRV 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/1H4v1GCXTv
"SoFi Technologies, the fast growing one-stop shop for financial-services products, is exiting crypto even with token prices surging because of increased scrutiny by banking regulators." $SOFI
RIP SoFi shutting down their crypto offerings, have a feeling this will age very poorly https://t.co/KzrdzMOnEv
SoFi is shuttering its crypto trading service following increased scrutiny from the Federal Reserve, per BlockWorks.
SoFi neobank ditches crypto November 29, 2023 https://t.co/33TWxbNYwK https://t.co/ZZZmI7WfL5
Fintech firm SoFi set to exit cryptocurrency business https://t.co/8ZIEyOYOjZ https://t.co/5TOtndUSpm
SoFi exits crypto business https://t.co/YtblXs660c via @bankingdive
.@SoFi is handing its crypto customers to @blockchain, a move possibly tied to SoFi's decision to become a bank. In an interview, https://t.co/Rxsuh0LPfX's president said the deal involves hundreds of thousands of users. @IanAllison123 https://t.co/JIDAGlCllm
SOFI IS EXITING CRYPTO WITH BANKING REGULATORS STEPPING UP SCRUTINY $SOFI told crypto customers they will need to liquidate their accounts in coming weeks, or move to crypto exchange and wallet provider Blockchain(.)com - Bloomberg
NEWS: SoFi is shuttering its crypto trading service following increased scrutiny from the Federal Reserve https://t.co/sgoXqz3QTP
SoFi is exiting crypto even with token prices surging because of increased scrutiny of the sector by banking regulators https://t.co/KjjuQiZZyA
SoFi is exiting crypto even with token prices surging because of increased scrutiny of the sector by banking regulators https://t.co/sGscWjnVGv
SoFi is exiting crypto even with token prices surging because of increased scrutiny of the sector by banking regulators https://t.co/HdtczLjGIL
SoFi is exiting crypto even with token prices surging because of increased scrutiny of the sector by banking regulators https://t.co/jqHUPJ6abS