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SoFi reenters the crypto space with onchain remittances and digital asset trading following the ease of regulations in the US. Online banking platform SoFi Technologies is making a major comeback in cryptocurrency after exiting the market due to regulatory challenges, reintroducing crypto trading and onchain remittances. The American personal finance and fintech firm announced on…
” Why is Bitcoin price down today? “ Bitcoin (BTC) price accelerated its sell-off on Nov. 21 to hit a new yearly low at $15,654. The move follows a market-wide decline that was catalyzed by investors running for the hills in fear that the FTX-induced contagion would infect every corner of the crypto sector. Stocks…
” Data transfer network Plaid integrates 4 major crypto exchanges “ United States data transfer network Plaid has added four major cryptocurrency exchanges to its platform, giving users the ability to connect their digital asset portfolios to other applications more easily. Crypto platforms Binance.US, Gemini, Robinhood and SoFi are now supported by the Plaid network,…
“# Chamath Palihapitiya sells 15% of his stake in SOFI ” Billionaire Chamath Palihapitiya has sold 15% of his position in the crypto and stock trading platform and finance company SoFi. The company went public earlier this year through a merger with a blank-check company led by Palihapitiya, and was valued originally at $8.65 billion…
“# Loan refinancer and BitLicensee SoFi is clear to launch a national bank in the US ” In an announcement on Wednesday, the Office of the Comptroller of the Currency (OCC) granted SoFi a conditional license to operate as a national bank in the United States. The OCC is the office of the U.S. Treasury…