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SoFi soars 17% after it get approval to become a bank, but the green light comes with the condition that it can’t do any business in crypto
- January 20, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
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Pavlo Gonchar/SOPA Images/LightRocket via Getty Images
SoFi Technologies surged after it received conditional approval from the OCC to create a full-service national bank. The good news, however, came with a caveat: SoFi cannot engage in any activity relating to crypto. The stock jumped 17% to $14.19 in pre-market trading on Wednesday. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.…
