SoFi Gets Bitlicense Approval for Crypto Trading Service

new york bitlicense bitcoin

US-based personal finance company Social Finance (SoFi) obtained the approval from the New York State Department of Financial Services (NYDFS) for its BitLicense application.

New Yorkers Can Trade Cryptos via SoFi Digital Assets

The NYDFS has permitted Social Finance to provide crypto trading services to its New York customers via its subsidiary SoFi Digital Assets.

Social Finance decided to develop the service after multiple…

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