🏦💼 SoFi plans to resume investments in cryptocurrencies after regulatory changes in the U.S.
The fintech platform SoFi announced its intention to resume investments in cryptocurrencies, taking advantage of a more favorable regulatory environment in the U.S., influenced by the Trump administration.
SoFi had suspended its cryptocurrency operations in 2023 as part of the conditions to obtain a banking license. With the recent regulatory changes, the company aims to resume its digital asset offering.
SoFi's return to the crypto market could increase competition among platforms and provide users with more options to invest in digital assets.
The evolution of the regulatory landscape in the U.S. is facilitating the participation of traditional financial institutions in the cryptocurrency market, which could accelerate its mass adoption.
#SoFi #CryptoRegulation #Fintech #InstitutionalAdoption