Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114
SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner” | Fintech InShorts: Latest fintech news, analysis by experts

SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”

BankingBlockchainBusiness

Less than 1 min.Read

SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”

December 3, 2023

SoFi Ends Crypto Services:
- SoFi announces the termination of its crypto services on 19 December.
- Users can either close their crypto accounts or migrate them to Blockchain.com.
Account Closure Deadline:
- All remaining accounts not migrated by 19 December (or 28 January 2024 for New York residents) will be closed.
New Account Creation Halt:
- Since 29 November, SoFi has ceased the creation of new cryptocurrency accounts on its digital finance platform.
Reasons for Exit Undisclosed:
- SoFi has not provided specific reasons for its decision to exit the cryptocurrency market.
Migration to Blockchain.com:
- Migrating to Blockchain.com is the alternative for SoFi users, offering wallet, trading, and payment services.
Blockchain.com’s Perspective:
- Blockchain.com CEO sees the addition of SoFi’s accounts as a “pivotal moment” in its growth trajectory.
New Opportunities for SoFi Members:
- Independent director Joseph Otting believes the migration will “open new doors and opportunities” for SoFi members, allowing access to a full range of self-custody and trading solutions.

Hot this week

Topics

Related Articles

Popular Categories

FinTechBankingBusinessFundingAIPaymentsPartnership

spot_img

spot_img

Previous article

UK challenger Aldermore Bank enters strategic partnership with Mambu

Next article

One year later, ChatGPT is still alive and kicking