SoFi to Relaunch Crypto Trading by Year-End Amid Regulatory Shift

SoFi Technologies Inc. will reintroduce cryptocurrency trading services before the end of the year, CEO Anthony Noto confirmed. The move follows updated federal guidelines permitting national banks to offer digital asset services—a policy shift initiated during the Trump administration.

"The financial services landscape is being fundamentally reshaped by crypto, digital assets, and blockchain technology," Noto stated. The fintech firm plans to integrate blockchain across its product suite, including savings, lending, and payments. Crypto-backed loans and stablecoin support are under development.

SoFi had suspended crypto operations in late 2023 to comply with national bank charter requirements. The Office of the Comptroller of the Currency's revised stance now enables regulated re-entry into the sector.