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With Bitcoin soaring but mood still sour, SoFi shutters crypto unit and RIAs stay on sidelines, with SEC non-approval of ETFs as scapegoat

The San Francisco digital banking firm private-labeled Coinbase in 2019, but now the asset looks too risky because a misstep could harm bread-and-butter banking franchise.

Author Brooke Southall December 12, 2023 at 3:13 AM
no description available
SoFi planned to put 'all your ambitions into an app,' but now will refer you to another app for crypto.
Keith Girard contributed to the editing of this article.

Ric Edelman

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