BeInCrypto - SoFi is discontinuing its crypto services due to regulatory scrutiny and the collapse of key players in the industry

https://beincrypto.com/sofi-shutters-crypto-business-us-regulators/

SoFi, a prominent player in the crypto market, will discontinue its crypto services on December 19, 2023.

Eligible customers can either migrate their accounts to Blockchain.com or close their accounts.

This decision reflects the broader challenges facing the crypto industry due to regulatory scrutiny and the collapse of key players.

Are you a SoFi user too?