SoFi Can Launch Bank Provided It Doesn’t Touch Crypto

SoFi Can Launch Bank Provided It Doesn’t Touch Crypto



Student loan and financial service provider Social Finance Inc. (SoFi) has received conditional approval from the Office of the Comptroller of the Currency (OCC) to create a full service national bank, provided the new entity does “not engage in any crypto-asset activities or services,” the OCC announced on Tuesday.



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