SoFi Resumes Crypto Trading and Introduces Blockchain Remittance
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SoFi has reintroduced cryptocurrency spot trading on its platform, enabling users to buy, sell, and hold digital currencies like Bitcoin and Ethereum. This move comes after a suspension in 2023 due to regulatory constraints. Additionally, SoFi is launching a blockchain-based global remittance feature within its app, leveraging new regulatory guidelines that permit national banks to offer certain cryptocurrency services.