Financial services company SoFi announces it is withdrawing from the cryptocurrency field and users will not be able to open new accounts

Odaily News Financial services company SoFi Technologies issued a notice stating that SoFi customers will no longer be able to open new cryptocurrency accounts. Existing cryptocurrency customers have until December 19 to migrate their cryptocurrency holdings to Blockchain.com or their remaining balances will be liquidated. SoFi is a San Francisco-based financial services company founded in 2011. Originally known for its student loan refinancing business, the company has expanded its offerings into personal loans, credit cards, mortgages, investment accounts and more. (Bloomberg)